Quick facts: Dove creek, CO

Quick Facts

114.3
Cost of Living
above US average
667
Population
7.5
Crime Rate per 1000
below US average
$70,855
Median Income
below US average
$250,000
Median House Price
above US average
$2126
Average Rent
above US average
10%
Poverty Rate
below US average
3.5%
Unemployment Rate
below 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 $70,855.

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Income Needed to Buy

βœ— Stretch
$78k/year
Based on $250,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $78k vs median $70,855
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Income Needed to Rent

⚠ Stretch
$91k/year
Based on $2126/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $91k vs median $70,855
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Dove creek, CO

Dove Creek is a small town located in Dolores County, Colorado. Nestled in the scenic mountain region of the San Juan Mountains, the town serves as the county seat and is known for its picturesque landscapes and a strong sense of community. With a population of just under 1,000 residents, Dove Creek offers a serene, rural lifestyle surrounded by nature. The town is famous for its agriculture, particularly its role as the "Pinto Bean Capital of the World," hosting the annual Dove Creek Bean Day Festival, which celebrates the local harvest and includes parades, games, and family-friendly activities. Outdoor enthusiasts will appreciate the nearby recreational opportunities, such as hiking, fishing, and hunting. Dove Creek's historic downtown features local shops and cafes, representing the unique character of the town. The area provides access to beautiful natural parks and wilderness areas, making it a lovely spot for those looking to escape the hustle and bustle of city life. Overall, Dove Creek is a charming place that embodies the spirit of rural Colorado living.

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