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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 80212.
Zip 80212 is a middle-class zip code that extends through Denver and Wheat Ridge. It covers an area of 3.57 square miles and has a population of 19,552 people.
The median age in this zip code is 37.5, and its average number of people living per household is 2.1. The U.S median age is 37.4, and the national average for people living per household is 2.6
About 41% of the people living in 80212 are married, and slightly more than 41% of the residents have children. Zip 80212 has a racial composition of approximately 72% Whites, 22% Hispanics, 3% African Americans, and 2.1% non-citizens.
The workforce in 80212 mainly consists of white-collar in nature, and most of the employees in this zip code work in technology firms. 10.3% of the workforce in 80212 works from home, and about 76% commute to work using public transit or personal means.
It only takes an average of 24.4 minutes to commute one-way in zip code 80212. That's shorter compared to the national average of 26.4 minutes.
Unemployment in 80212 is 2.3%, while that of the nation is at 3.7%.
Job markets in 80212 increased by 2.8% in 2020 and could still increase by 45% in the next ten years. That's higher than the national projection of 33.5%.
Zip 80212 has a yearly cost of living index of 142.
The sales tax rate here is 7.7%, the income tax rate is 4.8%, and the effective property tax rate is $5.03 per $1,000 home value. The median U.S. property tax average rate is $11.78 per $1,000 home value.
The average resident income in 80212 is $44,908, meaning that only 18% of the people living here earn below $15,000 per year. The median income for the entire nation is $27,419.
Over 54% of the households in 80212 earn beyond $75,000, bringing the median household income in this zip code to $81,093 per year. This income is higher than the U.S. average of $55,322 per year.
Zip 80212 in Denver has over 95 schools and an average of about 850 students per school. The student-teacher ratio in this zip is 16:1, and approximately 58% of the locals in 80212 have a minimum of a bachelor's degree certification.
This zip usually allocates a yearly budget of $12,637 per student.
Zip 80212 has a population density of about 5,055 locals per square mile and mainly has a dense suburban area feel.
Single-family houses with more than two bedrooms are the most common in this zip code. Zip 80212 generally has an owner-occupancy rate of 62%, and 32% of its houses are rent-occupied.
Zip 80212 has a median home value of $482,300, and only 3% of its listings are priced below $200,000.
The median rent price in this zip is $1,111 per month, which is higher than the national average of $949. This rent data also means that approximately 32% of the renters in 80212 usually pay a monthly rent of $1,500+.
The median age of the real estate in 80212 is 38.5 years.
The Zillow Home Value Index suggests that home value in 80212 increased by 8.1% in 2020. Future projections indicate that prices will rise by 5.6% by the coming year. Home prices in this zip code appreciated at a pace of 96.3% in the last decade. This pace equates to a yearly home appreciation rate of 9.1%.
At this rate, the housing market at 80212 offers an excellent opportunity for both short-term and long-term real estate investments for all prospects.
The weather highlight for 80212 includes a summer high of 90 degrees in July, a winter low of 18 degrees in January, an average of 60 inches of snow throughout the year, and an annual average of 17 inches of rain.
Zip 80212 gets a yearly average of 80 days of precipitation and 245 days of sunshine, making June, August, and September the most comfortable months in 80212. December and January are mainly unpleasant.
Best Places awards this zip code an annual comfort index of 7.2/10. This index means that zip 80212 is more comfortable than most of the zip codes in Colorado. Zip 80212 also ranks as the 80th best zip code for raising your family in Colorado and the 38th best zip code to live in Denver Area.
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.