Cost of Living in Castle Pines Village, CO

Population 4,441 · Colorado · Data vintage 2023

413
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing prices in Castle Pines Village cluster toward the top of the US distribution — a median of $1.3 million, roughly 4 times the national figure, consistent with markets dominated by nonresident and vacation-home buyers. Unemployment has stayed elevated relative to the national figure — 7.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Castle Pines Village sits roughly 8 miles southeast of Highlands Ranch. Median home values run roughly 87% higher than Highlands Ranch's $673,000.

Cost Overview

Housing 413

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Castle Pines Village

The median home value in Castle Pines Village is $1,260,200 — 313% above the national median of $305,000. The median household income of $219,083/year is 194% higher than the US median of $74,580. The local unemployment rate is 7.2%, above the national average of 4.8%. Colorado's top state income tax rate is 4.4% and the combined sales tax is 7.8%. Overall, Castle Pines Village has a cost of living index of 413 versus the US average of 100, meaning it is 313% more expensive.

🏠 Housing

Median Home Value
$1,260,200
313% above avg
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$884
1 BR
$960
2 BR
$1,251
3 BR
$1,611
4 BR
$2,004
Owner-occupied 99.3%
Renter-occupied 0.7%

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
25.7 min
5% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
42.1%

Commute Mode

Drove alone
54.0%
Carpooled
3.2%
Public transit
0.3%
Work from home
42.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.4%
Total Sales Tax 7.8%
State rate 2.9%
Avg local rate 4.9%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$219,083
194% above avg
Per Capita Income
$125,858
Unemployment Rate
7.2%
49% above avg
Poverty Rate
5.0%
Labor Force Participation
51.5%

🎓 Education

Bachelor's degree+ 51.7%
Graduate degree 26.8%

👥 Demographics

Median Age 53.1
Male median age 52.8
Female median age 53.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 49 — Good
54.9%
Good air days/yr
177
Max AQI recorded
48
PM2.5 days
316
Ozone days

Frequently Asked Questions

What is the cost of living in Castle Pines Village, CO?

Castle Pines Village has a cost index of 413 (100 = national average). It is 313% above the national average.

What is the average home price in Castle Pines Village?

The median home value in Castle Pines Village is $1,260,200 according to 2023 Census ACS data.

What is the median income in Castle Pines Village?

The median household income in Castle Pines Village is $219,083 per year (2023 ACS 5-year estimates).

What is the sales tax in Castle Pines Village, CO?

The combined state and local sales tax rate in Castle Pines Village is 7.8%. The Colorado state income tax top rate is 4.4%.

Is Castle Pines Village, CO affordable?

Castle Pines Village is above average in cost of living, with an index of 413 — about 313% higher than the national average.