Quick facts: Greeley, CO

Quick Facts

114.3
Cost of Living
above US average
109,209
Population
26.99
Crime Rate per 1000
above US average
$65,525
Median Income
below US average
$379,900
Median House Price
above US average
$1529.79
Average Rent
above US average
12%
Poverty Rate
above US average
4.8%
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 $65,525.

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Income Needed to Buy

βœ— Stretch
$119k/year
Based on $379,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $119k vs median $65,525
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Income Needed to Rent

⚠ Stretch
$66k/year
Based on $1529.79/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $66k vs median $65,525
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Greeley, CO

Greeley, Colorado, located in Weld County, is known for its rich agricultural history and vibrant community. With a population of around 108,000, it serves as a hub for education, culture, and industry. Established in the late 1800s, Greeley has evolved into a bustling city while retaining a small-town charm. The city is home to the University of Northern Colorado, which contributes to its youthful energy and offers various cultural events and sporting activities. Greeley also hosts several annual festivals, including the Greeley Stampede, a month-long celebration of Western heritage featuring rodeos, concerts, and parades. Outdoor enthusiasts will find plenty of recreational opportunities with parks, trails, and proximity to the Cache la Poudre River and the Rocky Mountain National Park. The local economy is diverse, with key sectors including education, health care, and agriculture. Culturally, Greeley boasts a burgeoning arts scene, highlighted by venues like the Greeley Arts Picnic and the Union Colony Civic Center. With its friendly atmosphere, rich heritage, and access to nature, Greeley continues to grow as an attractive place to live and work.

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