Cost of Living in Frederick, CO

Population 15,893 · Colorado · Data vintage 2023

173
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Frederick is a smaller Colorado community of around 16000 residents, where median household incomes of $135,316 and housing costs ($530,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Geographically, Frederick sits roughly 13 miles north of Thornton. Median home values run roughly 10% higher than Thornton's $482,000.

Cost Overview

Housing 174
Rent 171

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

About the Cost of Living in Frederick

The median home value in Frederick is $529,800 — 74% above the national median of $305,000. Median rent runs $2,252/month, 71% higher than the national median of $1,314/month. The median household income of $135,316/year is 81% higher than the US median of $74,580. The local unemployment rate is 3.1%, 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%. Overall, Frederick has a cost of living index of 173 versus the US average of 100, meaning it is 73% more expensive.

🏠 Housing

Median Home Value
$529,800
74% above avg
Zillow Home Value
$542,687
Zillow ZHVI
Median Rent
$2,252/mo
71% above avg
Zillow Rent
$2,947/mo
Zillow ZORI
Price-to-Rent Ratio
19.6x
Favors buying
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 95.8%
Renter-occupied 4.2%

💰 Estimated Monthly Budget

Rent median rent
$2,252
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,866/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 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
34.4 min
27% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.5%

Commute Mode

Drove alone
73.0%
Carpooled
7.7%
Public transit
0.3%
Walked
0.9%
Bicycle
0.1%
Work from home
17.5%

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
$135,316
81% above avg
Per Capita Income
$51,107
Unemployment Rate
3.1%
36% below avg
Poverty Rate
3.0%
Labor Force Participation
77.0%

🎓 Education

Bachelor's degree+ 24.5%
Graduate degree 12.0%

👥 Demographics

Median Age 37.1
Male median age 38.2
Female median age 36.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 55 — Moderate
40%
Good air days/yr
162
Max AQI recorded
102
PM2.5 days
263
Ozone days

Frequently Asked Questions

What is the cost of living in Frederick, CO?

Frederick has a cost index of 173 (100 = national average). It is 73% above the national average.

What is average rent in Frederick, CO?

The median gross rent in Frederick is $2,252 per month based on 2023 Census data.

What is the average home price in Frederick?

The median home value in Frederick is $529,800 according to Zillow and Census data.

What is the median income in Frederick?

The median household income in Frederick is $135,316 per year (2023 ACS 5-year estimates).

What is the sales tax in Frederick, CO?

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

Is Frederick, CO affordable?

Frederick is above average in cost of living, with an index of 173 — about 73% higher than the national average.

Frederick at a Glance

Population
15,893
Median Income
$135,316
Home Value
$529,800
Median Rent
$2,252/mo
Unemployment
3.1%
Sales Tax
7.8%
View all cities in Colorado →
🗺️ County data for Colorado

Explore county-level cost of living data

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