The typical owner-occupied home in Joes is worth about $93,600, 83% below the Colorado median of $539,400 and 72% below the national median of $332,700. Owners pay a median $358 a year in property taxes, about 0.38% of their home's value, lower than the Colorado rate of 0.48%. The median household earns $56,250 a year, so the median home costs 1.7 times the median income (5.6 times for Colorado). 91% of occupied homes here are lived in by their owners, and 29% of those owners still have a mortgage.
Joes at a glance
| Joes | Colorado | U.S. | |
|---|---|---|---|
| Median home value | $93,600 | $539,400 | $332,700 |
| Median property tax paid per year | $358 | $2,602 | $3,119 |
| Property tax as a share of value | 0.38% | 0.48% | 0.94% |
| Median household income | $56,250 | $95,470 | $80,734 |
| Homes lived in by their owners | 91% | 66% | 65% |
| Owner homes with a mortgage | 29% | 69% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,326 | $1,963 |
| Those costs as a share of the owners' income | 13.2% | 22.1% | 21.0% |
| Median rent | – | $1,761 | $1,413 |
| Median year homes were built | 1963 | 1988 | 1980 |
| Vacant homes | 0.0% | 8.3% | 10.1% |
| Population | 105 | 5,862,189 | 334,922,499 |
What a typical home costs per month in Joes
At this week's average 30-year rate of 7.11%, buying the median Joes home of $93,600 with 20% down costs about $572 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $728, 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 $24,530 for the 20%-down payment. That payment is 12% of the median Joes household income of $56,250; at that income and 20% down, the 28% guideline points to a home of about $215,000.
| Down payment | $18,720 |
|---|---|
| Loan amount | $74,880 |
| Principal and interest | $504 |
| Property taxes (0.38% a year) | $30 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| PMI | $0 |
| Total per month | $572 |
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| Down payment | $3,276 |
|---|---|
| Loan amount | $91,905 |
| Principal and interest | $618 |
| Property taxes (0.38% a year) | $30 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| FHA mortgage insurance | $41 |
| Total per month | $728 |
Change the numbers in the calculator
Questions about home buying in Joes
What is the median home value in Joes?
About $93,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Joes?
Homeowners pay a median $358 a year, which is about 0.38% 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 Joes?
For the median home with 20% down at 7.11%, the payment is about $572 a month. Keeping that under 28% of gross income takes about $24,530 a year.
More about Joes
- Mortgage Refinance in Joes
- Debt Relief in Joes
- Home Equity Loans in Joes
- 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