Englewood, CO

Very High · 132

Colorado · Population 33,774 · Updated March 2026

$1,563
Median Rent / Month
$82,016
Median Income
$534,000
Median Home Value
$1,649
Owner Costs / Month

Affordability

How far your income goes in Englewood

22.9%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Colorado

State-level tax rates that affect your costs

4.4%
Income Tax (Top Rate)
2.9%
Sales Tax
0.51%
Property Tax Rate

Estimated Annual Costs

$18,756
Annual Rent
$3,609
State Income Tax
$2,723
Property Tax (est.)

Cost of Living Overview

Englewood has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 132 (where 100 equals the national median), Englewood residents can expect to pay median rent of $1,563/month while earning a median household income of $82,016/year.

The median home value in Englewood, CO is $534,000, with typical monthly owner costs around $1,649 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.9% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Colorado has a moderate income tax rate of 4.4%. Combined with a 2.9% sales tax rate and 0.51% effective property tax rate, the overall tax environment is a factor in the total cost of living in Englewood.

Frequently Asked Questions

Common questions about living costs in Englewood

What is the cost of living in Englewood, CO?
The cost of living index in Englewood, CO is 132 (US average = 100). Median monthly rent is $1,563, median household income is $82,016/year, and the median home value is $534,000.
Is Englewood, CO affordable?
No, Englewood is more expensive than the national average with a cost index of 132. The rent-to-income ratio is 22.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Englewood, CO?
The median gross rent in Englewood, CO is $1,563 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $18,756.
What is the median household income in Englewood?
The median household income in Englewood, CO is $82,016 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Colorado?
Colorado has a top income tax rate of 4.4%, a sales tax of 2.9%, and an effective property tax rate of 0.51%.