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Here is everything you need to know about the housing market at zip code 80227.
Zip code 80227 is a 7.40 square mile zip code located within Jefferson County, in area-code 303. Its borders only extend through Denver and Lakewood cities in Colorado.
Recent demographic surveys suggest that this zip has a population estimate of 34,878 and a population density of approximately 4,550 people per square mile.
As the 41st most diverse zip code in Colorado,zip 80227’s population mainly comprises 65% Whites, 24% Hispanics, 5% Asians, and 3%African Americans. About 4.6% are non-citizens.
The median age in this zip code is 38 years, and close to 27% of its population is 18 years and below.
According to data from the U.S. Bureau of Labor Statistics, the unemployment rate at 80227 is now at 1.1% relative to the national unemployment rate is 6.7%.
The per capita income for a typical household of four in zip code 80227 is $70,977. Further income data reveals that only 10% of these families have an income bracket of less than $25,000.
Financial income surveys estimate this zip’s median individual income as $39,569, meaning that only 17% of its workforce gets an income value of less than $15,000.
Relative to the national individual income average of $31,133, the poverty rate in zip code 80227 is 7.4%. Job markets within zip code 80227 increased by 2.8% by the end of 2020 and might continue growing by 44.1% in the next ten years.
Zip code 80227 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 effective property tax average rate in the U.S. is $11.78 per $1,000 home value.
Nearly 7% of zip code 80227's workforce is telecommuters, and around 86% commutes to work regularly. The average one-way commute in this zip code takes approximately 27.6 minutes. The national average for this is 26.4 minutes.
The number of public schools in zip code 80227 is 94, and it ranks as the 17th zip code with the best public schools in Jefferson County. The average student-teacher ratio in most of these schools is 18:1, and the zip spends about $9,727 per student.Around 29% of its population consists of first-degree holders, and another 15% have higher degrees. The national average for people with a minimum of bachelor's degree certification is 31%.
Zip 80227 generally has a blended urban and suburban setting, and its real estate has a median age of 40 years.
Zillow Home Value Index estimates the current median home value for a middle price-tier property in 80227 to be $461,979. Relative to the national average home value of $320,000, the 80227 real estate is more competitive than most similar zip codes in America.
2-bedroom single-family detached units are the most prevalent house types in this zip code. Approximately 63% of 80227 homes are owner-occupied, and 37% are rent-occupied.
The current average rent price in 80227 is around $1,446.
Home appreciation rates within 80227 averaged to a yearly pace of 6.3% for the last one year and 79.4% for the past ten years.These rates are quite lucrative for both long-term and short-term real estate investments.
The Best Places website estimates that this zip has a violent crime rate of 36.0 and a property crime rate of 69.3.
Zip 80227 has a general climate average of 18 inches of rain per year, 61 inches of snow per year, and about 245 sunny days in a year.
The zip code only gets approximately 81 days of precipitation every year, with summer highs of 870 in July and a winter low of 170 in January. June, August, and September are the most pleasant months in 80227, whereas December and January are the least favorable.
Zip 80227 has an annual comfort index of 7.3/10 and ranks as the ninth-best 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.