According to statistics, the population in Federal Heights, CO amounts to 12,449, which shows growth 2% compared to the previous year. The median age of the city’s residents is 31. The average household income is $38,328, shifting growth 2% from the past year, and the average property value in Federal Heights, CO growth 13% to $47,700 throughout the year.
Population | 12,449 |
Median Age | 30.6 |
Poverty Rate | 21% |
Household Income | $38,328 |
Number Of Employees | 6,251 |
Median Property Value | $47,700 |
The average household income in Federal Heights, CO grew from $37,474 to $38,328 in the past year. This data is an estimate based upon 4,196 households in Federal Heights, CO . The chart below presents how household income is distributed in Federal Heights, CO in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Federal Heights, CO shifted from $42,200 to $47,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Federal Heights, CO in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Federal Heights, CO properties falls in the 'Less Than $10,000' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Federal Heights, CO compared to median property taxes around the country. The prevalent amount of property taxes in Federal Heights, CO equals $800, which is less than the national average.
Apartment Size |
May | vs Last Month |
---|---|---|
Studio apartments | $110,200 | +15% |
2-bed apartments | $342,000 | -8.8% |
4+ bed apartments | $453,333 | -2.5% |
During May 2023, the average price for an apartment in/near Federal Heights, CO increased by 18% to $276,089.
Knowing the current property prices is key if you plan to buy a studio in Federal Heights, CO. The average price for a studio has increased since the last month, currently being $110,200. Asking price for 2-bed apartment also decreased by 8.8% and a place of this size will now cost you $342,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $392,000. We discerned the rise of 4- and more bed apartment pricing. It decreased by 2.5% and made it down to $453,333.
Listing Type |
May | vs Last Month |
---|---|---|
Houses for sale | $453,333 | +11.4% |
Condos for sale | $342,000 | -13.4% |
Apartments for sale | $110,200 | +15% |
The average cost of an apartment in Federal Heights, CO rised by 15% to $110,200. Price reports demonstrate that house price increased by 11.4% this month making it up to $453,333. Condos faced an upward trend these days. The median price for a condo decreased by 13.4%, it’s now available for $342,000.