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Buying a home in Broomfield County, Colorado

The typical owner-occupied home in Broomfield County is worth about $664,500, 23% above the Colorado median of $539,400 and 100% above the national median of $332,700. Owners pay a median $4,007 a year in property taxes, about 0.60% of their home's value, higher than the Colorado rate of 0.48%. The median household earns $123,874 a year, so the median home costs 5.4 times the median income (5.6 times for Colorado). 63% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.

Broomfield County at a glance

Broomfield County Colorado U.S.
Median home value $664,500 $539,400 $332,700
Median property tax paid per year $4,007 $2,602 $3,119
Property tax as a share of value 0.60% 0.48% 0.94%
Median household income $123,874 $95,470 $80,734
Homes lived in by their owners 63% 66% 65%
Owner homes with a mortgage 71% 69% 61%
Median monthly costs, owners with a mortgage $2,597 $2,326 $1,963
Those costs as a share of the owners' income 19.2% 22.1% 21.0%
Median rent $2,126 $1,761 $1,413
Rent as a share of renters' income 28.2% 31.4% 30.6%
Median year homes were built 2002 1988 1980
Vacant homes 4.3% 8.3% 10.1%
Population 76,304 5,862,189 334,922,499

What a typical home costs per month in Broomfield County

At this week's average 30-year rate of 7.11%, buying the median Broomfield County home of $664,500 with 20% down costs about $4,185 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $5,292, 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 $179,367 for the 20%-down payment. That payment is 41% of the median Broomfield County household income of $123,874; at that income and 20% down, the 28% guideline points to a home of about $459,000.

The median rent here is $2,126 a month, so owning the median home costs about $2,059 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$132,900
Loan amount$531,600
Principal and interest$3,576
Property taxes (0.60% a year)$332
Homeowners insurance (our estimate, 0.5% a year)$277
PMI$0
Total per month$4,185

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3.5% down, 30-year FHA loan
Down payment$23,258
Loan amount$652,464
Principal and interest$4,389
Property taxes (0.60% a year)$332
Homeowners insurance (our estimate, 0.5% a year)$277
FHA mortgage insurance$294
Total per month$5,292

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Questions about home buying in Broomfield County

What is the median home value in Broomfield County?

About $664,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Broomfield County?

Homeowners pay a median $4,007 a year, which is about 0.60% 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 Broomfield County?

For the median home with 20% down at 7.11%, the payment is about $4,185 a month. Keeping that under 28% of gross income takes about $179,367 a year.

More about Broomfield County

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