The typical owner-occupied home in Wellington is worth about $464,200, 14% below the Colorado median of $539,400 and 40% above the national median of $332,700. Owners pay a median $2,565 a year in property taxes, about 0.55% of their home's value, higher than the Colorado rate of 0.48%. The median household earns $107,017 a year, so the median home costs 4.3 times the median income (5.6 times for Colorado). 81% of occupied homes here are lived in by their owners, and 87% of those owners still have a mortgage.
Wellington at a glance
| Wellington | Colorado | U.S. | |
|---|---|---|---|
| Median home value | $464,200 | $539,400 | $332,700 |
| Median property tax paid per year | $2,565 | $2,602 | $3,119 |
| Property tax as a share of value | 0.55% | 0.48% | 0.94% |
| Median household income | $107,017 | $95,470 | $80,734 |
| Homes lived in by their owners | 81% | 66% | 65% |
| Owner homes with a mortgage | 87% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $2,201 | $2,326 | $1,963 |
| Those costs as a share of the owners' income | 24.0% | 22.1% | 21.0% |
| Median rent | $2,473 | $1,761 | $1,413 |
| Rent as a share of renters' income | 33.8% | 31.4% | 30.6% |
| Median year homes were built | 2010 | 1988 | 1980 |
| Vacant homes | 1.0% | 8.3% | 10.1% |
| Population | 11,798 | 5,862,189 | 334,922,499 |
What a typical home costs per month in Wellington
At this week's average 30-year rate of 7.11%, buying the median Wellington home of $464,200 with 20% down costs about $2,904 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,678, 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 $124,472 for the 20%-down payment. That payment is 33% of the median Wellington household income of $107,017; at that income and 20% down, the 28% guideline points to a home of about $399,000.
The median rent here is $2,473 a month, so owning the median home costs about $431 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $92,840 |
|---|---|
| Loan amount | $371,360 |
| Principal and interest | $2,498 |
| Property taxes (0.55% a year) | $213 |
| Homeowners insurance (our estimate, 0.5% a year) | $193 |
| PMI | $0 |
| Total per month | $2,904 |
Change the numbers in the calculator
| Down payment | $16,247 |
|---|---|
| Loan amount | $455,792 |
| Principal and interest | $3,066 |
| Property taxes (0.55% a year) | $213 |
| Homeowners insurance (our estimate, 0.5% a year) | $193 |
| FHA mortgage insurance | $205 |
| Total per month | $3,678 |
Change the numbers in the calculator
Questions about home buying in Wellington
What is the median home value in Wellington?
About $464,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Wellington?
Homeowners pay a median $2,565 a year, which is about 0.55% 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 Wellington?
For the median home with 20% down at 7.11%, the payment is about $2,904 a month. Keeping that under 28% of gross income takes about $124,472 a year.
More about Wellington
- Mortgage Refinance in Wellington
- Debt Relief in Wellington
- Home Equity Loans in Wellington
- 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