Cost of Living in Twin Lakes CDP (Adams County), CO

Population 8,279 · Colorado · Data vintage 2023

153
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Twin Lakes CDP (Adams County) 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.

Twin Lakes CDP (Adams County) sits roughly 5 miles southeast of Westminster — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Westminster's $497,000 median.

Cost Overview

Housing 173
Rent 122

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

About the Cost of Living in Twin Lakes CDP (Adams County)

The median home value in Twin Lakes CDP (Adams County) is $526,700 — 73% above the national median of $305,000. Median rent runs $1,608/month, 22% higher than the national median of $1,314/month. The median household income of $93,818/year is 26% higher than the US median of $74,580. The local unemployment rate is 5.9%, 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, Twin Lakes CDP (Adams County) has a cost of living index of 153 versus the US average of 100, meaning it is 53% more expensive.

🏠 Housing

Median Home Value
$526,700
73% above avg
Median Rent
$1,608/mo
22% above avg
Price-to-Rent Ratio
27.3x
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 71.6%
Renter-occupied 28.4%

💰 Estimated Monthly Budget

Rent median rent
$1,608
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,222/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
30.0 min
11% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.1%

Commute Mode

Drove alone
66.5%
Carpooled
14.4%
Public transit
1.1%
Walked
1.6%
Bicycle
1.0%
Work from home
14.1%

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
$93,818
26% above avg
Per Capita Income
$46,575
Unemployment Rate
5.9%
22% above avg
Poverty Rate
6.5%
Labor Force Participation
77.9%

🎓 Education

Bachelor's degree+ 20.9%
Graduate degree 17.2%

👥 Demographics

Median Age 38.3
Male median age 38.8
Female median age 36.9

💨 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 Twin Lakes CDP (Adams County), CO?

Twin Lakes CDP (Adams County) has a cost index of 153 (100 = national average). It is 53% above the national average.

What is average rent in Twin Lakes CDP (Adams County), CO?

The median gross rent in Twin Lakes CDP (Adams County) is $1,608 per month based on 2023 Census data.

What is the average home price in Twin Lakes CDP (Adams County)?

The median home value in Twin Lakes CDP (Adams County) is $526,700 according to 2023 Census ACS data.

What is the median income in Twin Lakes CDP (Adams County)?

The median household income in Twin Lakes CDP (Adams County) is $93,818 per year (2023 ACS 5-year estimates).

What is the sales tax in Twin Lakes CDP (Adams County), CO?

The combined state and local sales tax rate in Twin Lakes CDP (Adams County) is 7.8%. The Colorado state income tax top rate is 4.4%.

Is Twin Lakes CDP (Adams County), CO affordable?

Twin Lakes CDP (Adams County) is above average in cost of living, with an index of 153 — about 53% higher than the national average.

Twin Lakes CDP (Adams County) at a Glance

Population
8,279
Median Income
$93,818
Home Value
$526,700
Median Rent
$1,608/mo
Unemployment
5.9%
Sales Tax
7.8%
View all cities in Colorado →
🗺️ County data for Colorado

Explore county-level cost of living data

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