The typical owner-occupied home in Peetz is worth about $154,600, 71% below the Colorado median of $539,400 and 54% below the national median of $332,700. Owners pay a median $779 a year in property taxes, about 0.50% of their home's value, close to the Colorado rate of 0.48%. The median household earns $52,500 a year, so the median home costs 2.9 times the median income (5.6 times for Colorado). 89% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.
Peetz at a glance
| Peetz | Colorado | U.S. | |
|---|---|---|---|
| Median home value | $154,600 | $539,400 | $332,700 |
| Median property tax paid per year | $779 | $2,602 | $3,119 |
| Property tax as a share of value | 0.50% | 0.48% | 0.94% |
| Median household income | $52,500 | $95,470 | $80,734 |
| Homes lived in by their owners | 89% | 66% | 65% |
| Owner homes with a mortgage | 59% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $1,397 | $2,326 | $1,963 |
| Those costs as a share of the owners' income | 21.3% | 22.1% | 21.0% |
| Median rent | $831 | $1,761 | $1,413 |
| Rent as a share of renters' income | 18.8% | 31.4% | 30.6% |
| Median year homes were built | 1955 | 1988 | 1980 |
| Vacant homes | 12.6% | 8.3% | 10.1% |
| Population | 265 | 5,862,189 | 334,922,499 |
What a typical home costs per month in Peetz
At this week's average 30-year rate of 7.11%, buying the median Peetz home of $154,600 with 20% down costs about $961 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,218, 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 $41,178 for the 20%-down payment. That payment is 22% of the median Peetz household income of $52,500; at that income and 20% down, the 28% guideline points to a home of about $197,000.
The median rent here is $831 a month, so owning the median home costs about $130 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $30,920 |
|---|---|
| Loan amount | $123,680 |
| Principal and interest | $832 |
| Property taxes (0.50% a year) | $64 |
| Homeowners insurance (our estimate, 0.5% a year) | $64 |
| PMI | $0 |
| Total per month | $961 |
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| Down payment | $5,411 |
|---|---|
| Loan amount | $151,800 |
| Principal and interest | $1,021 |
| Property taxes (0.50% a year) | $64 |
| Homeowners insurance (our estimate, 0.5% a year) | $64 |
| FHA mortgage insurance | $68 |
| Total per month | $1,218 |
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Questions about home buying in Peetz
What is the median home value in Peetz?
About $154,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Peetz?
Homeowners pay a median $779 a year, which is about 0.50% 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 Peetz?
For the median home with 20% down at 7.11%, the payment is about $961 a month. Keeping that under 28% of gross income takes about $41,178 a year.
More about Peetz
- Mortgage Refinance in Peetz
- Debt Relief in Peetz
- Home Equity Loans in Peetz
- 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