Quick facts: Gill, CO

Quick Facts

114.3
Cost of Living
above US average
102
Population
147.06
Crime Rate per 1000
above US average
$60,000
Median Income
below US average
$609,000
Median House Price
above US average
$2126
Average Rent
above US average
12%
Poverty Rate
above US average
3.0%
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 $60,000.

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Income Needed to Buy

βœ— Stretch
$191k/year
Based on $609,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $191k vs median $60,000
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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 $60,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Gill, CO

Gill, Colorado, is a small unincorporated community located in the northeastern part of the state, within Weld County. Situated near the Cache La Poudre River and just a short distance from the city of Greeley, Gill offers a rural ambiance with close proximity to urban amenities. The area is primarily agricultural, characterized by expansive farmland and scenic views of the plains and surrounding foothills. Gill provides a peaceful lifestyle away from the hustle and bustle of larger cities, making it attractive for those seeking tranquility. Outdoor enthusiasts can enjoy recreational activities such as fishing, hiking, and bird watching in the nearby landscapes. The community is also conveniently located near major highways, allowing for easy access to Greeley, Fort Collins, and other larger cities in Northern Colorado. While Gill lacks extensive commercial establishments, residents appreciate the charm of small-town life and the strong sense of community. The area is served by local schools and provides a tight-knit atmosphere where neighbors know each other. Overall, Gill offers a quaint and serene living environment in the beautiful Colorado countryside.

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