
Affordable
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These days, finding an affordable place to live in the Empire area can be challenging. Home prices in Empire are now at a median cost of $385,036, lower than the Colorado average of $579,698.
The average cost of rent is $1,498/mo in Empire, primarily driven by the current value of real estate in the Empire area. In Empire, 39.82% of households rent, and 60.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Empire is $6,815 per month. Households that rent pay about 21.97% of their income on rent here. Empire’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Georgetown, CO: higher priced homes
- Dumont, CO: equally priced homes
- Downieville-Lawson-Dumont, CO: less expensive homes
- Silver Plume, CO: higher priced homes
- Lawson, CO: higher priced homes
- Nevadaville, CO: equally priced homes
- Idaho Springs, CO: higher priced homes
- Russell Gulch, CO: higher priced homes
- Central City, CO: higher priced homes
- Tolland, CO: higher priced homes
Cities with Similar Populations
- Lawley, AL: less expensive homes
- Loysburg, PA: less expensive homes
- Loveland Heights, CO: higher priced homes
- Littleton, IL: less expensive homes
- Lime Ridge, WI: less expensive homes
- Level Land, SC: less expensive homes
- Level Green, PA: higher priced homes
- Leola, SD: less expensive homes
- Lemon Cove, CA: higher priced homes
- Lefors, TX: less expensive homes
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