Housing costs in Fort Morgan?
A typical home costs
$315,000, which is 6.8% less expensive than the national average of
$338,100 and 40.3% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Fort Morgan costs
$1,530 per month, which is 7.3% cheaper than the national average of
$1,650 and 29.4% more than the state average of
$1,080.
Can I afford Fort Morgan?
To live comfortably in Fort Morgan (zip 80701), Colorado, a minimum annual income of
$60,480 for a family, and
$46,400 for a single person is recommended.
What does A.I. say about Fort Morgan?
The cost of living in 80701 Fort Morgan, CO is quite affordable. According to the most recent data from the Census Bureau, the median household income for 80701 residents is $45,891 and the median home value is $150,800. This means that housing costs are readily accessible to those who live in this area. Additionally, residents can benefit from lower than average prices on groceries and health care services as well as a relatively low cost of utilities. While the overall cost of living in 80701 Fort Morgan may be slightly higher than other parts of Colorado, it still remains an attractive option for those looking to purchase or rent property at a reasonable price.