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Here is everything you need to know about the housing market at zip code 80219.
The zip 80219 is a Denver based zip code that also covers Westwood. It is a Non-Unique code and is generally found within area code 303.
Zip 80219's landmass size is 7.51 square miles, and it's considerably smaller than in other zip codes in America. Zip 80219 hosts about 70,638 individuals and an average population density of about 8,166 people per square mile.
Its ethnic makeup consists of 69% Hispanics, 23% Whites, 4% Asians, and 3% African Americans. Non-citizens in this zip code account for 18.7% of the population.
The median age here is 36.3, and the average number of people per household in 80219 is 2.3. Close to 46% of the residents are married, and a cumulative of 52% have children.
Niche highlights zip 80219's poverty rate as 19.4% and the unemployment rate as 2%. According to the 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 80219 is 116.2, higher than the U.S. average of 100. This difference suggests that the 80219’s economy is thriving.
The zip has a median individual income of $26,903 and a median household income of $51,082. The national median income averages are $27,419 and $55,322 for both individual and household incomes. Further analysis indicates that only 10% of the residents here earn beyond $65,000, and about 6% of households in 80219 earn beyond $150,000 per year.
Job markets in 80219 increased by 2.8% last year, and this might continue growing at a pace of 45% for the next decade.
Zip 80219 has a sales tax rate of 7.7%, an income tax rate of 4.8%, and an effective property tax rate of $4.72 per $1,000 home value. The U.S. property tax average rate is $11.78 per $1,000 home value.
At least 86% of the local workforce in this zip commutes to work, and it usually takes them an average of 27.9 minutes for a one-way commute. 3.2% of the population remotely works from home.
Zip 80219 has 79 public schools and three private schools within its borders. These schools typically have a student-teacher ratio of 16:1, and zip 80219 generally budgets to spend at least $12,637 per student.
Only 17% of the adults residing in 80219 have a minimum of a 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 80219 generally is a densely populated suburban zip code. Only 48% of the 20,448 houses in 80219 are rent-occupied, and 52% are owner-occupied.
About 8% of the currently available listings are valued past $400,000, bringing the zip's median home value to $257,200. The national median home value in the U.S. is $295,300
According to rate.com, homes sold for $420,000 as of January 2021 and spent a minimum of 35 days in the marketplace. The current homeowner vacancy rate in 80219 is 1.0%, and 3.1% is its rental vacancy rate.
Zip 80219 has an overall median rent price of $1,089 per month. Approximately 20% of the renters pay a monthly rent price of more than $1,500. The national median rent has dropped to $949.
Single-family homes and condominiums are the most dominant home types in zip code 80219.
Real estate in 80219 appreciated at a yearly pace of 9.2% for the last ten years. This rate indicates that this particular housing market is perfect for long-term real estate investment.
Zip 80219 gets an average of 85 days of precipitation and about 245 days of sun per year. The most pleasing months in 80219 include June, August, and September. January and December aren't usually very comfortable.
This zip code experiences summer highs of 890C in July and 180C during the winter season in January. The overall annual comfort index by Best Places for 80219 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.