The typical owner-occupied home in Nucla is worth about $141,100, 74% below the Colorado median of $539,400 and 58% below the national median of $332,700. Owners pay a median $563 a year in property taxes, about 0.40% of their home's value, lower than the Colorado rate of 0.48%. The median household earns $42,857 a year, so the median home costs 3.3 times the median income (5.6 times for Colorado). 65% of occupied homes here are lived in by their owners, and 35% of those owners still have a mortgage.
Nucla at a glance
| Nucla | Colorado | U.S. | |
|---|---|---|---|
| Median home value | $141,100 | $539,400 | $332,700 |
| Median property tax paid per year | $563 | $2,602 | $3,119 |
| Property tax as a share of value | 0.40% | 0.48% | 0.94% |
| Median household income | $42,857 | $95,470 | $80,734 |
| Homes lived in by their owners | 65% | 66% | 65% |
| Owner homes with a mortgage | 35% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $1,147 | $2,326 | $1,963 |
| Those costs as a share of the owners' income | 23.2% | 22.1% | 21.0% |
| Median rent | $929 | $1,761 | $1,413 |
| Rent as a share of renters' income | 27.9% | 31.4% | 30.6% |
| Median year homes were built | 1974 | 1988 | 1980 |
| Vacant homes | 16.1% | 8.3% | 10.1% |
| Population | 598 | 5,862,189 | 334,922,499 |
What a typical home costs per month in Nucla
At this week's average 30-year rate of 7.11%, buying the median Nucla home of $141,100 with 20% down costs about $865 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,100, 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 $37,079 for the 20%-down payment. That payment is 24% of the median Nucla household income of $42,857; at that income and 20% down, the 28% guideline points to a home of about $163,000.
The median rent here is $929 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $28,220 |
|---|---|
| Loan amount | $112,880 |
| Principal and interest | $759 |
| Property taxes (0.40% a year) | $47 |
| Homeowners insurance (our estimate, 0.5% a year) | $59 |
| PMI | $0 |
| Total per month | $865 |
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| Down payment | $4,938 |
|---|---|
| Loan amount | $138,544 |
| Principal and interest | $932 |
| Property taxes (0.40% a year) | $47 |
| Homeowners insurance (our estimate, 0.5% a year) | $59 |
| FHA mortgage insurance | $62 |
| Total per month | $1,100 |
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Questions about home buying in Nucla
What is the median home value in Nucla?
About $141,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Nucla?
Homeowners pay a median $563 a year, which is about 0.40% 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 Nucla?
For the median home with 20% down at 7.11%, the payment is about $865 a month. Keeping that under 28% of gross income takes about $37,079 a year.
More about Nucla
- Mortgage Refinance in Nucla
- Debt Relief in Nucla
- Home Equity Loans in Nucla
- 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