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Applewood

Learn about the people, housing, costs and businesses in Applewood, Colorado

Median Home$707,814
Median Rent$1,718/month
Population8,377
Leading IndustriesArts, Food & Hospitality · Healthcare · Education16% arts, food & hospitality
Home Value Growth⬆⬆+11.1% over 2 years
Retirees21% of residentsnear the national average
Homeowners72% of occupied units
NotableHighly Educated39% bachelor's · 18% graduate · top 1% nationally
NotableAmenity Score80/100 · highly walkable area
Applewood
CO

Frequently Asked Questions

What are today's mortgage rates in Applewood?

As of today, the 30-year fixed mortgage rate for Applewood is approximately 6.808% (6.841% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Applewood?

The median home value in Applewood is $708k. The median monthly rent is $1,718. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Applewood?

Home values in Applewood have increased 11.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Applewood?

Based on a typical all-in ownership cost of $1,900/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $81k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Applewood is $123k/year.

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What industries drive the economy in Applewood?

The largest employment sectors in Applewood are healthcare (19%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.