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Here is everything you need to know about the housing market at zip code 80226.
Zip 80226 has an area size of 8.06 square miles and is mainly found in Jefferson County, covering both Denver and Lakewood cities in Colorado. Zip 80226 shelters 33,597 people and an outstanding population density of about 3,839 individuals per square mile.
Its local racial makeup mostly consists of 61% whites and 32% Hispanics. Only 19% of its population is below the age of 18.
With only 12,817 occupied housing units, the median age estimate in 80226 is 35.6, and the average number of people per household is 2.4.
About 59% of the people living here are married, and nearly 47% of the overall population has children. This data shows that zip 80226 is more family-friendly than most of the zip codes surrounding it.
The Best Places website caps the average cost of living in 80226 at 125.5 compared to a national average of 100. The average individual income in 80226 is $33,158, and its median household income is $63,772 per year.
The current unemployment rate in 80226 is 1.8%, but job markets across zip code 80226 increased by 2.8% in 2020. Prospects expect the job market here to continue growing at a pace of 44.1% for the next ten years relative to the 33.5% national estimate.
This zip has a sales tax rate of 7.5%, an income tax rate of 4.6%, and an effective property tax rate is $5.89 per $1,000 home value. The median U.S. property tax average rate is $11.78 per $1,000 home value.
More than 76% of the people working in this zip code drive to work, and it usually takes an average of 25.4 minutes for a one-way commute.
Zip 80226 has 98 public schools, and it generally spends $9,727 per student.The average student-teacher ratio in these schools is 18:1. Other estimates include a student-librarian ratio of 658:1 and a student-counselor ratio of 397:1. Less than 40% of the people living in this zip have attained a minimum of a bachelor’s degree.
Zip 80226 is widely known for its blended area feel of both urban and suburban setups. The residential market in this zip is dominated by 56% owner-occupied home sand a rent-occupancy rate of 44%.
The median home value in 80226 is $346,300. Only 11% of the available listings cost below $200,000. The current national home value estimate is $217,500.
According to Niche, $1,414 is the median rent in 80226, and $1,062 is the national median. This data suggests that only 3% of the locals are currently paying less than $500 for rent each month.
Redfin.com caps the asking price for a 1-bedroom listed apartment at $221,000, a 23.7% increase from last year. This zip’s housing market is currently experiencing a 1.9% shortage in the number of homes for sale, and the current median sales price is $463,000 compared to the median list price of $479,000.
The median age for zip code 80226's real estate is 46 years.
The number of occupied residences in this zip is 12,817 homes, and its overall housing vacancy rate is 4.5%. Rented homes account for 40.3% of the occupied housing units, bringing the zip's rental vacancy rate to 1.5%.
Single-family detached homes are the most prevalent residential types in 80226.
Realtor.com states that apart from the 172 active properties with a median listing price of $420,000 available at the start of February. Bidding is quite competitive, and most homes are spending an average of 37 days in the market.
The median home closed sale price in 80226 is $395,000, and the annual real estate appreciation rate for houses within this zip was 7.1% for the last ten years. At this pace, 80226 guarantees home investors a steady stream of returns of interest.
With an annual comfort index of 7.3/10, both January and July are the only months that 80226 experiences extreme temperatures of 180 and 880. The rest of the year is pleasant, but you should note that 80226 get 245 sunny days and about 81 days of precipitation per year. Zip 80226 generally ranks as 44thmost diverse zip code in Colorado, 33rd zip code with the best public schools in Denver Area, and 11thbest zip code to live in Jefferson County.
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.