Cost of Living,
Longmont's Real Estate Market
Boulder Metro Area
Profile: College town / suburban complex Location: 25 miles northwest of Denver at the base of the Rocky Mountain Front Range Elevation: 5332 Time zone: Mountain Standard Time
|College-town atmosphere||Cost of living and housing|
|Attractive downtown||Traffic and sprawl|
|Educational attainment||Economic cycles|
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Boulder, home to the University of Colorado, is a lively and classic college town, with liberal politics, alternative social lifestyles and attitudes, and an assortment of trendy small businesses, restaurants, galleries, and entertainment venues. There is plenty to do in this bicycle-friendly town, which has a pedestrian mall downtown and outdoor recreation in the nearby mountains. The area has the highest combined 4-year and graduate degree attainment rate in the nation, there are some larger business and government research facilities adding to the area’s economy, and there is a sizeable high tech belt towards Denver.
Part of the Boulder story is the set of small towns nearby that have exploded into large but generally well-planned and attractively priced suburbs positioned well to take advantage of what both Boulder and Denver have to offer. Longmont is historically an agricultural town to the northeast currently experiencing a major housing boom. The towns of Louisville and Lafayette, long ago coal mining towns, are also good examples. Located near the four-lane US 36 corridor towards Denver, they have excellent housing and schools, plenty of nearby employment and generally exemplify the quality and livability of these suburbs. Louisville received top honors in our Best Places to Raise Your Family (Wiley, 2006) Boulder would get a still higher ranking if it weren’t for the Cost of Living Index of 126, by far the highest in Colorado. Housing prices follow suit. High tech dislocations created an employment dip in the early part of the decade but job trends are on the upswing.
Boulder lies in a shallow valley just at the foot of the Rockies, with surrounding areas of gently rolling grassland plateau with occasional lakes, and reservoirs. The surrounding suburbs occupy some of this higher ground, giving excellent views but also some exposure to inclement climate. Area climate is typical of the Front Range, with warm sunny summer days with low humidity and occasional thunderstorms, and cool to cold winters with periodic mild spells. The brunt of cold spells tend to miss the area, and the mountains provide some shielding from the worst and windiest cold weather. Summer thunderstorms can be occasionally heavy. Periods of extreme temperatures are short. Large or persistent snow accumulations are uncommon, but occasional heavy snows, particularly in fall and spring, can disrupt transportation. First freeze is early October, last is late April.
Interesting Facts about Longmont, Colorado
As of 2014, Longmont's population is 86,355 people. Since 2000, it has had a population growth of 18.98 percent.--------------------
The median home cost in Longmont is $236,200. Home appreciation the last year has been 9.20 percent.--------------------
Compared to the rest of the country, Longmont's cost of living is 10.80% Higher than the U.S. average.--------------------
Longmont public schools spend $12,060 per student. The average school expenditure in the U.S. is $12,435. There are about 22.9 students per teacher in Longmont.--------------------
The unemployment rate in Longmont is 4.80 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Longmont jobs have Increased by 2.94 percent.
Ranked #1 Best Cities for Teleworking - Small Metro Areas
Ranked #2 Most Secure Places to Live 2011 (Mid-Size Cities)
Ranked #7 Best Green Cities
Ranked #17 Most Secure Places to Live in the U.S. (Mid-Size Metro Areas)
Ranked #58 America's Best and Worst Cities for Crime (Mid-Size Metro Areas)
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Average Commute time is 23 minutes. The National Average is 25 minutes.--------------------
Longmont's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes