Federal Heights, CO

Yes — Federal Heights is about 13% more expensive than the national average, with an overall Cost Index of 113. Housing is the biggest factor: the typical home here is valued around $393,535, and monthly rents average roughly $1,655. Day-to-day costs like groceries and utilities tend to run closer to the national norm.

Start with housing. Typical monthly rent is $1,655, while local median household income is $57,957. That implies a rent-burden proxy of about 34% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

Colorado has a progressive state income tax with a top rate of 4.4%. The effective property tax rate is 0.51%. On a home worth $393,535, that translates to roughly $2,007 per year in property taxes. Sales tax (state + local) averages around 7.79% on everyday purchases.

The typical monthly rent in Federal Heights is around $1,655. That's about 23% higher than the $1,348 national median. For comparison, the median home value here is $393,535, so buyers should also factor in mortgage payments, property taxes, and insurance.

The median home in Federal Heights is valued at $393,535. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $1,990/month for principal and interest alone — before property taxes and insurance. About 59% of residents here own their homes.

Grocery prices in Federal Heights are about average compared to the rest of the US (index: 101, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 88). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

Federal Heights is a small town with a population of about 14,160. The median age of residents is 32.3, which is close to the national median. The local poverty rate is 20.78%, above the national average of 12.4%.