Housing costs in Sheridan Lake?
A typical home costs
$191,500, which is 43.4% less expensive than the national average of
$338,100 and 63.7% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Sheridan Lake costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 66.7% cheaper than the state average of
$1,650.
Can I afford Sheridan Lake?
To live comfortably in Sheridan Lake (zip 81071), Colorado, a minimum annual income of
$36,720 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Sheridan Lake?
The cost of living in 81071 Sheridan Lake, CO is very affordable. The area offers a variety of housing options ranging from modest apartments and houses to luxurious estates. The median home value is $183,800 and the average price per square foot is $101, according to Zillow. Grocery stores, restaurants and other amenities are within easy reach, making things convenient for residents. Utility bills are also lower in 81071 Sheridan Lake due to its rural location. In addition, the local tax rate is low and there are no state income taxes. All in all, living in 81071 Sheridan Lake can be an affordable yet comfortable experience.