The typical owner-occupied home in Ward is worth about $322,200, 40% below the Colorado median of $539,400 and 3% below the national median of $332,700. Owners pay a median $1,357 a year in property taxes, about 0.42% of their home's value, lower than the Colorado rate of 0.48%. The median household earns $56,875 a year, so the median home costs 5.7 times the median income (5.6 times for Colorado). 93% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
Ward at a glance
| Ward | Colorado | U.S. | |
|---|---|---|---|
| Median home value | $322,200 | $539,400 | $332,700 |
| Median property tax paid per year | $1,357 | $2,602 | $3,119 |
| Property tax as a share of value | 0.42% | 0.48% | 0.94% |
| Median household income | $56,875 | $95,470 | $80,734 |
| Homes lived in by their owners | 93% | 66% | 65% |
| Owner homes with a mortgage | 62% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $1,728 | $2,326 | $1,963 |
| Those costs as a share of the owners' income | 34.6% | 22.1% | 21.0% |
| Median rent | – | $1,761 | $1,413 |
| Median year homes were built | 1938 | 1988 | 1980 |
| Vacant homes | 21.1% | 8.3% | 10.1% |
| Population | 103 | 5,862,189 | 334,922,499 |
What a typical home costs per month in Ward
At this week's average 30-year rate of 7.11%, buying the median Ward home of $322,200 with 20% down costs about $1,981 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,518, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $84,900 for the 20%-down payment. That payment is 42% of the median Ward household income of $56,875; at that income and 20% down, the 28% guideline points to a home of about $216,000.
| Down payment | $64,440 |
|---|---|
| Loan amount | $257,760 |
| Principal and interest | $1,734 |
| Property taxes (0.42% a year) | $113 |
| Homeowners insurance (our estimate, 0.5% a year) | $134 |
| PMI | $0 |
| Total per month | $1,981 |
Change the numbers in the calculator
| Down payment | $11,277 |
|---|---|
| Loan amount | $316,364 |
| Principal and interest | $2,128 |
| Property taxes (0.42% a year) | $113 |
| Homeowners insurance (our estimate, 0.5% a year) | $134 |
| FHA mortgage insurance | $143 |
| Total per month | $2,518 |
Change the numbers in the calculator
Questions about home buying in Ward
What is the median home value in Ward?
About $322,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ward?
Homeowners pay a median $1,357 a year, which is about 0.42% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Ward?
For the median home with 20% down at 7.11%, the payment is about $1,981 a month. Keeping that under 28% of gross income takes about $84,900 a year.
More about Ward
- Mortgage Refinance in Ward
- Debt Relief in Ward
- Home Equity Loans in Ward
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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