Cost of Living in Genesee, CO

Population 3,826 · Colorado · Data vintage 2023

281
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Genesee's housing market reflects its status as a high-earning metro: $995,000 for a typical home, 226% above the US median, paired with household incomes around $172,692 that put it in the upper third of the state. The labor market has been unusually tight, with unemployment around 2.0% — below most comparable cities in the state.

Genesee sits roughly 8 miles west of Lakewood — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 81% higher than Lakewood's $548,000.

Cost Overview

Housing 326
Rent 213

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

About the Cost of Living in Genesee

The median home value in Genesee is $994,700 — 226% above the national median of $305,000. Median rent runs $2,797/month, 113% higher than the national median of $1,314/month. The median household income of $172,692/year is 132% higher than the US median of $74,580. The local unemployment rate is 2.0%, 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, Genesee has a cost of living index of 281 versus the US average of 100, meaning it is 181% more expensive.

🏠 Housing

Median Home Value
$994,700
226% above avg
Zillow Home Value
$215,852
Zillow ZHVI
Median Rent
$2,797/mo
113% above avg
Price-to-Rent Ratio
29.6x
Favors renting
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 91.4%
Renter-occupied 8.6%

💰 Estimated Monthly Budget

Rent median rent
$2,797
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,411/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
27.8 min
3% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
32.6%

Commute Mode

Drove alone
60.5%
Carpooled
2.5%
Public transit
1.4%
Walked
1.4%
Work from home
32.6%

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
$172,692
132% above avg
Per Capita Income
$95,848
Unemployment Rate
2.0%
58% below avg
Poverty Rate
2.3%
Labor Force Participation
57.1%

🎓 Education

Bachelor's degree+ 35.3%
Graduate degree 38.1%

👥 Demographics

Median Age 52.8
Male median age 56.6
Female median age 51.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 49 — Good
56.4%
Good air days/yr
143
Max AQI recorded
0
PM2.5 days
363
Ozone days

Frequently Asked Questions

What is the cost of living in Genesee, CO?

Genesee has a cost index of 281 (100 = national average). It is 181% above the national average.

What is average rent in Genesee, CO?

The median gross rent in Genesee is $2,797 per month based on 2023 Census data.

What is the average home price in Genesee?

The median home value in Genesee is $994,700 according to Zillow and Census data.

What is the median income in Genesee?

The median household income in Genesee is $172,692 per year (2023 ACS 5-year estimates).

What is the sales tax in Genesee, CO?

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

Is Genesee, CO affordable?

Genesee is above average in cost of living, with an index of 281 — about 181% higher than the national average.

Genesee at a Glance

Population
3,826
Median Income
$172,692
Home Value
$994,700
Median Rent
$2,797/mo
Unemployment
2.0%
Sales Tax
7.8%
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🗺️ County data for Colorado

Explore county-level cost of living data

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