Our dedicated team at Woodruff Property Management takes personal pride in all of your long and short term property management needs. Our team personally handles all types of residential and rental investments. For more information, simply fill out the form or call us at (720) 724-9794
Buying your dream home, putting the one you own on sale, or merely exploring your property's rental options requires plenty of research and up to date knowledge about specific markets. Collaborating with top-rated property and real estate management firms not only helps you save time but also protect and grow your real estate investment.
The Woodruff Real Estate and Property Management Agency is a top-performing real estate company that comprises top-rated property managers in America. Some of its main accomplishments in the industry include processing of 18,882+ work orders since April 2009.
Here is everything you need to know about the housing market at zip code 80004.
The zip 80004 is a middle-class zip code located in Jefferson County, Colorado. It is a Non-Unique zip code located in Arvada and found within area code 303.
Covering about 7.37 square miles, zip 80004 has a population estimate of around 36,595 people and an average population density of 4,870 people per square mile.
Its ethnic makeup consists of 82% Whites, 13% Hispanics, and 1.4% non-citizens.
The median age in this zip is 41.4, and the average number of people per household in zip code 80004 is 2.5. Slightly more than 54% of the residents in this zip are married, and about 45% have children.
The Niche highlights that zip 80004 has a poverty rate of 6.5% and an unemployment rate of 3.1%. According to the recent U.S. Bureau of Labor Statistics report, the national average is 10.5% for the poverty rate and 6.7% for unemployment.
The cost of living index for this zip code is 128.3, higher than the U.S. average of 100. This difference shows that the 80004’s economy is thriving.
The zip has a median individual income of $39,965 and a median household income of $78,586. The national median income averages are $31,133 and $62,843 for both individual and household incomes. Income surveys show that about 55% of the residents earn more than $35,000, and only 25% of the households in this zip code earn less than $45,000 each year.
Job markets in zip code 80004 increased by 2.8% over last year, and future projections predict that this will continue growing at a pace of 45.8% for the next ten years.
Zip code 80004 has a sales tax rate of 8.0%, an income tax rate of 4.6%, and an effective property tax rate of $5.82 per $1,000 home value. The U.S. property tax average rate is $11.78 per $1,000 home value.
At least 82.6% of the local workforce in zip code 80004 commutes to work, and a typical one-way commute takes an average of 25.7 minutes to get to work. 7.3% of zip code 80004's population work from home.
Zip code 80004 has 51 public schools, and it ranks as the 58th zip code with the best public schools in Colorado. These schools typically have a student-teacher ratio of 18:1, and zip 80004 generally spends a minimum of $9,727 per student.
The zip generally has 25% of bachelor’s degree holders and an additional 12% of higher degree holders. The national average for first-degree holders in America is 31%.
Based on the available house stock, closeness to essential amenities, and population density, zip 80004 is widely a densely populated suburban region. With only 15,158 housing units in the zip code, 32% of the houses are rent-occupied, and 68% are owner-occupied.
Approximately 4% of its current listings are valued below $200,000, bringing the zip's median home value to $383,400. The national median home value in the U.S. is $217,500.
According to rate.com, homes sold for $799,900 as of January and spent about 240 days in the marketplace. The current homeowner vacancy rate in 80004 is 0.5%, and 1.9% is its rental vacancy rate.
Zip 80004 has an overall median rent price of $1,314 per month. At least 23% of the renters pay a monthly rent of less than $1,000. The national median rent has dropped to $1,062.
Real estate in 80004 appreciated at an annual pace of 6.7% for the last ten years. This rate indicates that the housing market in zip code 80004 is perfect for both short-term and long-term real estate investment.
Niche.com ranks zip 80004 as the 78th best zip codes to live in Colorado, 58th best zip code for families in Denver, and 12th best zip code with top-rated public schools in Jefferson County.
Zip 80004 gets an average of 80 days of precipitation and about 245 sunny days per year. The most pleasing months in 80004 include June, August, and September.
January and December are its least comfortable months.
Summer highs usually occur in July, with temperatures reaching up to 900C and drops to 180C during winter in January. The overall annual comfort index by Best Places for 80004 is 7.3/10.
We don't charge any up front fees. Not even a "Non-Refundable Set-Up Fee." If we don't perform, you don't pay. There are no "hidden fees" in our contracts.
Over 85% of renters now find their next home online. We post your property to over 200 web-sites and 150 media sites. More advertising means less time on the market and more money in your pocket.
All our contracts, leases, and documents are signed digitally. Tenant and Owner On-line Portals allow 24/7 access to all invoices, documents, statements, reports, and financials.
When the tenant prospects need to see the rentals. Our competition shows during normal business hours.
We are so confident in our Tenant Qualification Process that, if we have to evict a tenant we qualified and moved into a property we manage, we find a new tenant at no cost (we will not charge a leasing fee). This is a FREE service, not an "Eviction Protection Plan."
We use ACH direct deposit to collect rent and pay our owners so we can pay you up to 10 days faster than our competition… in time for your mortgage payment. We don’t start you out a month behind on paying your mortgage.
The National Average is only 60% returned / answered calls. Our voicemail will never say: “We will get back to you within 48 hours”
We ask for approval on all work orders so you don’t get surprised when you receive your statement. We don’t have an in-house maintenance staff that we pay $15 per hour and bill out at $50 per hour. Rather, we use our buying power to get discounts of 10-50% from our Preferred Vendors… and pass that savings directly on to you. We don’t have hazy language in our contracts that allow us to mark up any invoice for any amount at our discretion.
We are trained professionals who know how to negotiate and facilitate the rental process. We will get the highest possible rent for you, and, as an added bonus, you get the benefit of our years of real estate experience and accumulated knowledge.