Quick facts: Fort collins, CO

Quick Facts

114.3
Cost of Living
above US average
169,249
Population
24.17
Crime Rate per 1000
above US average
$78,977
Median Income
below US average
$525,000
Median House Price
above US average
$2154.91
Average Rent
above US average
12%
Poverty Rate
above US average
3.6%
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 $78,977.

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Income Needed to Buy

βœ— Stretch
$165k/year
Based on $525,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $165k vs median $78,977
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Income Needed to Rent

⚠ Stretch
$92k/year
Based on $2154.91/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $92k vs median $78,977
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Fort collins, CO

Fort Collins, Colorado, is a vibrant city known for its picturesque surroundings, thriving cultural scene, and outdoor recreational opportunities. Nestled at the foothills of the Rocky Mountains, it boasts stunning views and access to numerous parks and trails, making it a haven for nature lovers and outdoor enthusiasts. With a population of around 170,000, Fort Collins is home to Colorado State University, which contributes to its youthful and energetic vibe. The city features a charming downtown area with a mix of historic architecture, eclectic shops, breweries, and eateries. Fort Collins is particularly famous for its craft beer scene, often referred to as the "Napa Valley of Beer," hosting several award-winning breweries. Outdoor activities abound, including hiking, biking, and skiing in the nearby mountains. Fort Collins also embraces a strong environmental ethos, with numerous initiatives aimed at sustainability and conservation. Cultural amenities include art galleries, music festivals, and local theater productions, making Fort Collins a vibrant community with something for everyone. Whether you're exploring the Cache la Poudre River or enjoying the local food scene, Fort Collins promises an engaging experience.

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