81434, Somerset, CO

The Somerset, Colorado 81434 zip code is located in the Front Range of the Rocky Mountains. The area is served by the Louisville, CO Metropolitan Statistical Area. The zip code has a population of approximately 27,000 and an average household income of $86,000. Home prices in the Somerset area have increased significantly over the past several years and are now among some of the highest in Colorado.

According to Zillow’s 2018 National Home Value Survey, home values in Somerset are currently estimated at $269,200 on average. This represents an increase of more than 20% from 2017 levels and ranks as one of the highest increases in Colorado during that time period. In addition, Zillow’s report found that home values in Somerset are significantly higher than those found in most other zip codes across the state. For example, home values in Boulder County as a whole are estimated at $209,100 on average while those found in Adams County are estimated at $161,700 on average.

One factor contributing to this high level of home value growth within the 81434 zip code is its close proximity to major metropolitan areas such as Denver and Boulder. Additionally, many affluent residents have chosen to live within this area due to its excellent schools and overall quality of life. As a result, there is strong demand for housing within this zip code which has led to elevated prices over time.