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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 80128.
The zip 80128 is a middle-class zip code located in Littleton, Jefferson County in Colorado. It is a Non-Unique zip code and is found within area code 303.
Covering about 12.34 square miles, zip 80128 is considerably larger than most of the surrounding zip codes. Zip 80128's population is 36,435 individuals, and its average population density is 2,835 people per square mile.
Its ethnic makeup consists of 84% Whites, 11% Hispanics, and 2% Asians. Non-citizens only account for 1.5% of the population.
The median age in this zip is 40.7, and the average number of people per household in 80128 is 2.5. About 58% of zip code 80128's residents are married, and approximately 46% have children.
The Niche highlights that zip 80128 has a poverty rate of 4.4% and an unemployment rate of 2%. According to data from the U.S. Bureau of Labor Statistics, the national average rates for poverty and unemployment in America are 10.5% and 6.7%.
The cost of living index for 80128 is 128.5, higher than the U.S. average of 100. This difference shows that the 80128’s economy is thriving.
The zip has a median individual income of $45,404 and a median household income of $95,050. The national median income averages are $31,133 and $62,843 for both individual and household incomes. A further economic breakdown shows that only 17% of the residents earn below $15,000, and 37% of all households earn less than $75,000 each year.
Job markets in 80128 increased by 2.8% last year,and future predictions indicate that these markets might grow at a pace of 44.3% in the coming decade.
Zip 80128 has a sales tax rate of 5.0%, an income tax rate of 4.6%, and an effective property tax rate of $6.37 per $1,000 home value. The U.S. property tax average rate is $11.78 per $1,000 home value.
At least 80.3% of the local workforce in 80128 commutes to work, and it usually takes them an average of 28 minutes for a one-way commute. 7.7% of zip code 80128's workforce telecommutes.
Zip 80128 has 55 public schools and six private schools. These schools typically have a student-teacher ratio of 18:1, and zip 80128 generally spends a minimum of $9,727 per student.
Approximately 45% of zip code 80128’s population have attained more than bachelor's degree certification. The national average for first-degree holders is 31%.
Based on the available house stock, closeness to essential amenities, and population density, zip 80128 generally is a typical sparsely populated suburban region. With only 14,135 housing units, 17% of the houses are rent-occupied, and 83% are owner-occupied.
About 8% of the current listings are valued below $200,000, bringing the zip's median home value to $378,300. The national median home value in the U.S. is $217,500.
According to rate.com, single-family homes sold for $599,000 in January and spent a minimum of 10 days in the marketplace. The current homeowner vacancy rate in 80118 is 0.9%, and 2.0% is its rental vacancy rate.
Zip 80128 has an overall median rent price of $1,502 per month. Only 4% of the renters pay a monthly rent that’s below $1,000. The national median rent throughout the U.S. is $1,602.
Single-family houses are the most dominant home types in zip code 80128, and the most preferred home size in 80128 features more than one bedroom.
Real estate in 80128 appreciated at a pace of 7.2% for the last ten years. This rate indicates that the housing market in zip code 80128 is perfect for long-term real estate investment.
Niche.com ranks zip 80128 as the 76th best zip code to live in Colorado, the 31st best zip code for families in Denver, and 3rd best zip code to buy a home in Jefferson County.
Zip 80128 gets an average of 80 days of precipitation and about 245 days of sun per year. The most pleasing months in 80128 include June, August, and September. January and December aren't usually pleasant.
Summer highs usually occur in July as temperatures rise to 880C before dropping to 190C during winter in January. The overall annual comfort index by Best Places for 80128 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.