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Debt relief in Nunn, Colorado

The typical owner-occupied home in Nunn is worth about $348,700, 35% below the Colorado median of $539,400 and 5% above the national median of $332,700. Owners pay a median $1,294 a year in property taxes, about 0.37% of their home's value, lower than the Colorado rate of 0.48%. The median household earns $111,875 a year, so the median home costs 3.1 times the median income (5.6 times for Colorado). 98% of occupied homes here are lived in by their owners, and 67% of those owners still have a mortgage.

Nunn at a glance

Nunn Colorado U.S.
Median home value $348,700 $539,400 $332,700
Median property tax paid per year $1,294 $2,602 $3,119
Property tax as a share of value 0.37% 0.48% 0.94%
Median household income $111,875 $95,470 $80,734
Homes lived in by their owners 98% 66% 65%
Owner homes with a mortgage 67% 69% 61%
Median monthly costs, owners with a mortgage $1,578 $2,326 $1,963
Those costs as a share of the owners' income 21.7% 22.1% 21.0%
Median rent – $1,761 $1,413
Median year homes were built 1968 1988 1980
Vacant homes 12.6% 8.3% 10.1%
People below the poverty line 6.1% 9.4% 12.5%
Population 358 5,862,189 334,922,499

Household budgets and debt in Nunn

6.1% of residents live below the federal poverty line, compared with 9.4% in Colorado.

If debts are getting hard to manage, the usual options, from mildest to most serious, are: a budget and a call to your lenders to ask for a hardship plan; a debt management plan through a nonprofit credit counselor, which can lower interest rates; a debt consolidation loan or, for homeowners, a cash-out refinance or home equity loan; debt settlement, where a company negotiates to pay less than you owe; and bankruptcy.

Under the Federal Trade Commission's rules, debt settlement companies can't charge a fee until they have settled at least one of your debts. Settling can hurt your credit and forgiven debt may be taxable, so compare it with credit counseling first. Time limits for collectors to sue differ by state and by type of debt; check with your state attorney general or a lawyer before relying on one.

Homeowners can sometimes pay off high-interest debt with their home's equity. With the median Nunn home worth $348,700 and 33% of owners mortgage-free, many owners have equity to draw on, but it turns unsecured debt into debt secured by your home.

Questions about debt relief in Nunn

What is the median home value in Nunn?

About $348,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Nunn?

Homeowners pay a median $1,294 a year, which is about 0.37% of the median home value. Your bill depends on your home's assessed value and local rates.

How much of their income do Nunn households spend on housing?

With a median household income of $111,875, owners with a mortgage spend a median 21.7% on housing and renters 0.0%.

More about Nunn

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data