The typical owner-occupied home in Carbondale is worth about $900,600, 67% above the Colorado median of $539,400 and 2.7 times the national median of $332,700. Owners pay a median $3,917 a year in property taxes, about 0.43% of their home's value, lower than the Colorado rate of 0.48%. The median household earns $108,324 a year, so the median home costs 8.3 times the median income (5.6 times for Colorado). 64% of occupied homes here are lived in by their owners, and 72% of those owners still have a mortgage.
Carbondale at a glance
| Carbondale | Colorado | U.S. | |
|---|---|---|---|
| Median home value | $900,600 | $539,400 | $332,700 |
| Median property tax paid per year | $3,917 | $2,602 | $3,119 |
| Property tax as a share of value | 0.43% | 0.48% | 0.94% |
| Median household income | $108,324 | $95,470 | $80,734 |
| Homes lived in by their owners | 64% | 66% | 65% |
| Owner homes with a mortgage | 72% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $3,011 | $2,326 | $1,963 |
| Those costs as a share of the owners' income | 26.1% | 22.1% | 21.0% |
| Median rent | $2,167 | $1,761 | $1,413 |
| Rent as a share of renters' income | 27.6% | 31.4% | 30.6% |
| Median year homes were built | 1994 | 1988 | 1980 |
| Vacant homes | 4.7% | 8.3% | 10.1% |
| Population | 6,637 | 5,862,189 | 334,922,499 |
What a typical home costs per month in Carbondale
At this week's average 30-year rate of 7.11%, buying the median Carbondale home of $900,600 with 20% down costs about $5,545 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $7,190, 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 $237,629 for the 20%-down payment. That payment is 61% of the median Carbondale household income of $108,324; at that income and 20% down, the 28% guideline points to a home of about $411,000.
The median rent here is $2,167 a month, so owning the median home costs about $3,378 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $180,120 |
|---|---|
| Loan amount | $720,480 |
| Principal and interest | $4,847 |
| Property taxes (0.43% a year) | $323 |
| Homeowners insurance (our estimate, 0.5% a year) | $375 |
| PMI | $0 |
| Total per month | $5,545 |
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| Down payment | $31,521 |
|---|---|
| Loan amount | $884,288 |
| Principal and interest | $5,949 |
| Property taxes (0.43% a year) | $323 |
| Homeowners insurance (our estimate, 0.5% a year) | $375 |
| FHA mortgage insurance | $543 |
| Total per month | $7,190 |
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Questions about home buying in Carbondale
What is the median home value in Carbondale?
About $900,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Carbondale?
Homeowners pay a median $3,917 a year, which is about 0.43% 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 Carbondale?
For the median home with 20% down at 7.11%, the payment is about $5,545 a month. Keeping that under 28% of gross income takes about $237,629 a year.
More about Carbondale
- Mortgage Refinance in Carbondale
- Debt Relief in Carbondale
- Home Equity Loans in Carbondale
- 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