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Arvada

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

Median Home$619,823
Median Rent$2,167/month
Population122,247
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services14% arts, food & hospitality
Home Value Growth+4.2% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners75% of occupied units
NotableHighly Educated32% bachelor's · 14% graduate · top 6% nationally
NotableHigh Incomes$117k/year · top 10% nationally
Arvada
CO

Frequently Asked Questions

What are today's mortgage rates in Arvada?

As of today, the 30-year fixed mortgage rate for Arvada is approximately 6.825% (6.859% 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 Arvada?

The median home value in Arvada is $620k. The median monthly rent is $2,167. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Arvada?

Home values in Arvada have increased 4.2% over the past two years. This represents moderate growth. 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 Arvada?

Based on a typical all-in ownership cost of $2,045/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $88k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Arvada is $117k/year.

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What industries drive the economy in Arvada?

The largest employment sectors in Arvada are public administration (20%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.