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These days, finding an affordable place to live in the Matheson area can be challenging. Home prices in Matheson are now at a median cost of $402,168, lower than the Colorado average of $579,698.
The average cost of rent is $1,208/mo in Matheson, primarily driven by the current value of real estate in the Matheson area. In Matheson, 16.95% of households rent, and 42.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Matheson is $6,205 per month. Households that rent pay about 19.47% of their income on rent here. Matheson’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Simla, CO: equally priced homes
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- Hugo, CO: less expensive homes
- Agate, CO: equally priced homes
- Genoa, CO: less expensive homes
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- Yoder, CO: less expensive homes
- Shaw, CO: less expensive homes
Cities with Similar Populations
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- Tom, OK: less expensive homes
- Tomales, CA: higher priced homes
- Torreon, NM: less expensive homes
- Trap Corner, ME: less expensive homes
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