Cost of Living in Dove Valley, CO
Population 5,313 · Colorado · Data vintage 2023
(100 = US avg)
Dove Valley is a smaller Colorado community of around 5000 residents, where median household incomes of $85,772 and housing costs ($426,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Dove Valley is part of the immediate Centennial metro area — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 32% lower than Centennial's $627,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Dove Valley
The median home value in Dove Valley is $425,900 — 40% above the national median of $305,000. Median rent runs $1,892/month, 44% higher than the national median of $1,314/month. The median household income of $85,772/year is 15% higher than the US median of $74,580. The local unemployment rate is 3.7%, below the national average of 4.8%. Colorado's top state income tax rate is 4.4% and the combined sales tax is 7.8%. The climate averages highs of 63.6°F and lows of 36.7°F. Overall, Dove Valley has a cost of living index of 141 versus the US average of 100, meaning it is 41% more expensive.
Dove Valley is within a protected area
This area is within or adjacent to protected federal land. Residential housing is concentrated in nearby towns — here are the closest communities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 45 | 46 | 54 | 60 | 69 | 81 | 87 | 85 | 77 | 64 | 52 | 44 |
| Low °F | 19 | 20 | 27 | 34 | 43 | 52 | 59 | 57 | 49 | 36 | 26 | 19 |
| Precip" | 0.41 | 0.43 | 1.04 | 1.94 | 2.04 | 1.98 | 1.76 | 2.25 | 1.29 | 1.00 | 0.53 | 0.35 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Dove Valley, CO?
Dove Valley has a cost index of 141 (100 = national average). It is 41% above the national average.
What is average rent in Dove Valley, CO?
The median gross rent in Dove Valley is $1,892 per month based on 2023 Census data.
What is the average home price in Dove Valley?
The median home value in Dove Valley is $425,900 according to 2023 Census ACS data.
What is the median income in Dove Valley?
The median household income in Dove Valley is $85,772 per year (2023 ACS 5-year estimates).
What is the sales tax in Dove Valley, CO?
The combined state and local sales tax rate in Dove Valley is 7.8%. The Colorado state income tax top rate is 4.4%.
Is Dove Valley, CO affordable?
Dove Valley is above average in cost of living, with an index of 141 — about 41% higher than the national average.
What is the weather like in Dove Valley?
Dove Valley has average high temperatures of 63.6°F and average lows of 36.7°F. Annual precipitation is 15". Data from NOAA 1991–2020 Climate Normals.
Dove Valley at a Glance
- Population
- 5,313
- Median Income
- $85,772
- Home Value
- $425,900
- Median Rent
- $1,892/mo
- Unemployment
- 3.7%
- Avg High Temp
- 63.6°F
- Sales Tax
- 7.8%
Nearby Cities
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Colorado Rankings
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