80809, Cascade, CO

The 80809 zip code of Cascade, Colorado has a median home value of $269,000 and a median home equity of $141,500. The zip code is located in the Front Range Urban Corridor and has a population of approximately 10,000.

The average home value in the Front Range Urban Corridor is $292,500 and the average home equity is $158,700. This indicates that the zip code has a higher than average level of home equity relative to other areas in Colorado. The reason for this may be due to the fact that Cascade is located in an affluent area with high levels of job growth and income inequality. Additionally, there are relatively few homes for sale in the zip code which may also contribute to its high level of home equity.

Income levels are also important factors when it comes to determining whether or not someone will be able to afford to buy a house in the 80809 zip code. The median household income in this area is $87,500 which is significantly higher than the state median household income ($55,657). This means that there are more households who can afford to purchase a house in this area than elsewhere in Colorado. Additionally, there are relatively few families who live below the poverty line which further supports homeownership rates within this zip code.