housing costs · Colorado
Housing costs in Morgan County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,025 | ± $105 | evidence → |
| 2019–2023 | $1,092 | ± $83 | evidence → |
| 2018–2022 | $1,038 | ± $69 | evidence → |
| 2017–2021 | $949 | ± $65 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $338,600 | ± $15,554 | evidence → |
| 2019–2023 | $299,300 | ± $14,901 | evidence → |
| 2018–2022 | $277,400 | ± $11,143 | evidence → |
| 2017–2021 | $239,800 | ± $8,502 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 30.9 % | ± 4.8 % | evidence → |
| 2019–2023 | 27.0 % | ± 2.2 % | evidence → |
| 2018–2022 | 28.7 % | ± 1.7 % | evidence → |
| 2017–2021 | 28.3 % | ± 2.3 % | evidence → |
In context
Median rent in Morgan County is $1,025, below the Colorado median of $1,156 across 64 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.