The typical owner-occupied home in Sugar City is worth about $90,000, 83% below the Colorado median of $539,400 and 73% below the national median of $332,700. Owners pay a median $298 a year in property taxes, about 0.33% of their home's value, lower than the Colorado rate of 0.48%. The median household earns $47,798 a year, so the median home costs 1.9 times the median income (5.6 times for Colorado). 68% of occupied homes here are lived in by their owners, and 48% of those owners still have a mortgage.
Sugar City at a glance
| Sugar City | Colorado | U.S. | |
|---|---|---|---|
| Median home value | $90,000 | $539,400 | $332,700 |
| Median property tax paid per year | $298 | $2,602 | $3,119 |
| Property tax as a share of value | 0.33% | 0.48% | 0.94% |
| Median household income | $47,798 | $95,470 | $80,734 |
| Homes lived in by their owners | 68% | 66% | 65% |
| Owner homes with a mortgage | 48% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $1,121 | $2,326 | $1,963 |
| Those costs as a share of the owners' income | 27.2% | 22.1% | 21.0% |
| Median rent | $812 | $1,761 | $1,413 |
| Rent as a share of renters' income | 22.8% | 31.4% | 30.6% |
| Median year homes were built | 1938 | 1988 | 1980 |
| Vacant homes | 18.6% | 8.3% | 10.1% |
| Population | 464 | 5,862,189 | 334,922,499 |
What a typical home costs per month in Sugar City
At this week's average 30-year rate of 7.11%, buying the median Sugar City home of $90,000 with 20% down costs about $547 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $697, 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 $23,426 for the 20%-down payment. That payment is 14% of the median Sugar City household income of $47,798; at that income and 20% down, the 28% guideline points to a home of about $184,000.
The median rent here is $812 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $18,000 |
|---|---|
| Loan amount | $72,000 |
| Principal and interest | $484 |
| Property taxes (0.33% a year) | $25 |
| Homeowners insurance (our estimate, 0.5% a year) | $38 |
| PMI | $0 |
| Total per month | $547 |
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| Down payment | $3,150 |
|---|---|
| Loan amount | $88,370 |
| Principal and interest | $594 |
| Property taxes (0.33% a year) | $25 |
| Homeowners insurance (our estimate, 0.5% a year) | $38 |
| FHA mortgage insurance | $40 |
| Total per month | $697 |
Change the numbers in the calculator
Questions about home buying in Sugar City
What is the median home value in Sugar City?
About $90,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Sugar City?
Homeowners pay a median $298 a year, which is about 0.33% 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 Sugar City?
For the median home with 20% down at 7.11%, the payment is about $547 a month. Keeping that under 28% of gross income takes about $23,426 a year.
More about Sugar City
- Mortgage Refinance in Sugar City
- Debt Relief in Sugar City
- Home Equity Loans in Sugar City
- 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