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Here is everything you need to know about the housing market at zip code 80112.
The zip 80112 is a multi-county zip code located in Englewood, Colorado. It is a Non-Unique code, has a state FIPS code of 8005, and is found within the 720/303 area codes in both Arapahoe and Douglas Counties.
Covering about 18.5 square miles, zip 80112 has a population of 33,165 individuals and an average population density of 1,793 people per square mile. Its ethnic makeup consists of 74% whites, and non-citizens make about 7.7%.
The median age here is 36.4, and the average number of people per household in 80112 is 2.4. Close to 54% of the residents are married, and a cumulative of 33% have children.
The Niche highlights that zip 80112 has a poverty rate of 4.6% and the unemployment rate of 2.5%. According to the recent U.S. Bureau of Labor Statistics report, these are comparatively lower since the national average is 10.5% for the poverty rate and 6.7% for unemployment.
The cost of living index for 80112 is 131.8 and is higher than the U.S. average of 100. This difference shows that the economy at 80112 is thriving.
The zip has a median individual income of $49,339 and a median household income of $91,687. The national median income averages are $27,419 and $55,322 for both individual and household incomes. As 37% of the people working here earn over $67,000, 36% of the households get a yearly net pay of between $75,000 and $149,000.
Job markets in 80112 last year increased by 2.8% and are predicted to continue growing by at least 42.5% for the next decade.
80112 has a sales tax rate of 6.8%, an income tax rate of 4.6%, and an effective property tax rate of $6.42 per $1,000 home value. The effective U.S. property tax average rate is $11.78 per $1,000 home value.
There are 32 schools in 80112. Twenty-five of them are public, and the remaining seven are private-owned. With a student-teacher ratio of 18:1, this zip generally spends a minimum of $10,029.
Sixty-five percent of the adult population has a 4-year bachelor's degree, and above the national average is capped at 31%.
Based on the available house stock, closeness to essential amenities, and population density, zip 80112 offers a blend of both urban and suburban. With only 14,116 housing units in the area, 41% of the houses are for rent, and 59% are owner-occupied.
Ninety percent of the currently available listings are valued between $200,000 and $749,000, bringing the zip's median home value to $415,600. The national median home value in the U.S. is $295,300.
According to rate.com, homes sold for $594,450 in early January and spent a minimum of 98 days in the marketplace. The current homeowner vacancy rate in 80112 is 0.2%, and 6.2% is its rental vacancy rate.
This region has an overall median rent price of $1,528 per month. At least 60% of the renters pay a monthly rent of between $1,000 and $1,999. The national median rent estimate is $949.
Single-family houses are the most dominant home types in 80112, and they mainly consist of two to four-bedroom homes in size.
Niche.com ranks zip 80112 as the 229th best zip codes to live in America, 2nd best zip code for families in Colorado, 3rd best zip codes to buy a home in Denver Area, finally as the 3rd top zip code with the best public schools in Arapahoe County. More than 78% of the locals drive their cars to school, and the average one-way commute in 80112 is four basis points shorter than the national average.
In terms of climate, zip 80112 gets an average of 80 days of precipitation each year and about 245 days of sun. The most pleasing months in 80112 include June, August, and September. January and December aren't usually very comfortable.
Summer highs usually occur in July, and temperatures spike to 870C as winter drops to 190C as the lowest temperature in January. The overall annual comfort index by Best Places is 7.2/10.
This index puts zip 80112 among the top 30% most comfortable zip codes in Colorado.
Home appreciation rates in 80112 for the last ten years were 6.3%. This data is enough to indicate that this housing market has an excellent record of accomplishment for long-term real estate investment.
Talk to a verified property manager, preferably from the zip itself, before you make any investments. He/she should be able to provide you with up-to-date insights and housing forecasts to help inform your decision before making any commitments.
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.