Cost of Living in Shaw Heights, CO

Population 5,309 · Colorado · Data vintage 2023

150
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Shaw Heights sits on the smaller end of the Colorado city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Geographically, Shaw Heights is part of the immediate Westminster metro area. Median home values run roughly 9% lower than Westminster's $497,000.

Cost Overview

Housing 148
Rent 151

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

About the Cost of Living in Shaw Heights

The median home value in Shaw Heights is $452,700 — 48% above the national median of $305,000. Median rent runs $1,986/month, 51% higher than the national median of $1,314/month. The median household income of $89,125/year is 20% higher than the US median of $74,580. The local unemployment rate is 4.4%, 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, Shaw Heights has a cost of living index of 150 versus the US average of 100, meaning it is 50% more expensive.

🏠 Housing

Median Home Value
$452,700
48% above avg
Median Rent
$1,986/mo
51% above avg
Price-to-Rent Ratio
19.0x
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 80.6%
Renter-occupied 19.4%

💰 Estimated Monthly Budget

Rent median rent
$1,986
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,600/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
31.5 min
17% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.3%

Commute Mode

Drove alone
65.4%
Carpooled
9.1%
Public transit
2.1%
Walked
1.0%
Work from home
20.3%

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
$89,125
20% above avg
Per Capita Income
$33,811
Unemployment Rate
4.4%
9% below avg
Poverty Rate
7.4%
Labor Force Participation
67.3%

🎓 Education

Bachelor's degree+ 15.3%
Graduate degree 8.1%

👥 Demographics

Median Age 34.8
Male median age 35.4
Female median age 34.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
49%
Good air days/yr
174
Max AQI recorded
112
PM2.5 days
180
Ozone days

Frequently Asked Questions

What is the cost of living in Shaw Heights, CO?

Shaw Heights has a cost index of 150 (100 = national average). It is 50% above the national average.

What is average rent in Shaw Heights, CO?

The median gross rent in Shaw Heights is $1,986 per month based on 2023 Census data.

What is the average home price in Shaw Heights?

The median home value in Shaw Heights is $452,700 according to 2023 Census ACS data.

What is the median income in Shaw Heights?

The median household income in Shaw Heights is $89,125 per year (2023 ACS 5-year estimates).

What is the sales tax in Shaw Heights, CO?

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

Is Shaw Heights, CO affordable?

Shaw Heights is above average in cost of living, with an index of 150 — about 50% higher than the national average.