Quick facts: Del norte, CO

Quick Facts

114.3
Cost of Living
above US average
1,428
Population
25.91
Crime Rate per 1000
above US average
$40,756
Median Income
below US average
$350,000
Median House Price
above US average
$1250.0
Average Rent
below US average
17%
Poverty Rate
above US average
4.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $40,756.

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Income Needed to Buy

βœ— Stretch
$110k/year
Based on $350,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $110k vs median $40,756
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Income Needed to Rent

⚠ Stretch
$54k/year
Based on $1250.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $54k vs median $40,756
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Del norte, CO

Del Norte is a small town located in Rio Grande County, Colorado. Nestled in the stunning San Luis Valley, this picturesque town is surrounded by the majestic San Juan Mountains, providing a beautiful backdrop for outdoor enthusiasts. Del Norte is known for its rich history, particularly its roots in the gold rush era, and today retains a charming, rustic atmosphere. The town serves as a gateway for various recreational activities, including hiking, fishing, and hunting. The nearby Rio Grande River offers excellent fishing opportunities, while the surrounding mountains present numerous trails for hiking and off-road exploration. In the winter, the area is popular for snowmobiling and cross-country skiing. Del Norte has a close-knit community feel, with a small population that emphasizes local culture and events. The town features a few local shops, restaurants, and historical landmarks, making it a quaint stop for visitors exploring the San Luis Valley. Whether you're seeking adventure in nature or a peaceful retreat, Del Norte offers a unique experience in the heart of Colorado.

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