Federal Heights, CO

Below Avg · 82

Colorado · Population 14,160 · Updated March 2026

$1,655
Median Rent / Month
$57,957
Median Income
$91,300
Median Home Value
$1,426
Owner Costs / Month

Affordability

How far your income goes in Federal Heights

34.3%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

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

$19,860
Annual Rent
$2,550
State Income Tax
$466
Property Tax (est.)

Cost of Living Overview

Federal Heights is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 82 (where 100 equals the national median), Federal Heights residents can expect to pay median rent of $1,655/month while earning a median household income of $57,957/year.

The median home value in Federal Heights, CO is $91,300, with typical monthly owner costs around $1,426 including mortgage, insurance, and taxes. At 34.3% rent-to-income ratio, residents of Federal Heights are spending more than the recommended 30% of income on housing, indicating moderate cost burden.

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 Federal Heights.

Frequently Asked Questions

Common questions about living costs in Federal Heights

What is the cost of living in Federal Heights, CO?
The cost of living index in Federal Heights, CO is 82 (US average = 100). Median monthly rent is $1,655, median household income is $57,957/year, and the median home value is $91,300.
Is Federal Heights, CO affordable?
Yes, Federal Heights is more affordable than the national average with a cost index of 82. The rent-to-income ratio is 34.3%—above the 30%% affordability threshold.
What is the average rent in Federal Heights, CO?
The median gross rent in Federal Heights, CO is $1,655 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,860.
What is the median household income in Federal Heights?
The median household income in Federal Heights, CO is $57,957 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%.