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Severance, CO

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
125
Expensive
Median Home Value
$493,800
National: $426,735
Median Rent
$2,108/mo
National: $1,527/mo
Household Income
$127,257
National: $84,532
Population
9,302
Purchasing Power
120
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
116 / 100
100 = national average
Rent Index
138 / 100
Overall Index
125
Expensive

Severance Mortgage Calculator

Pre-filled with the local median home value of $493,800 and Colorado's property tax rate of 0.51%.

Salary & Purchasing Power

Median household income is $127,257 51% above the national average.

What $127,257 in Severance Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$153,726+21%
Los Angeles, CA$173,070+36%
Chicago, IL$82,463-35%
Houston, TX$72,282-43%

Property Tax in Severance, CO

Est. Annual Property Tax
$2,518
Monthly Impact
$210
Added to your mortgage
Effective Rate
0.51%
National avg: ~1.00%

Colorado Tax Overview

Tax TypeColoradoNational Avg
Property Tax Rate0.51%1.00%
Top Income Tax Rate4.4%~5.0%
State Sales Tax7.79%~5.0%

Compare Severance to Another City

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Cost of Living Comparison

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Severance, CO
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Severance, CO: 116
Rent Prices
138
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR