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Cedaredge

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

Median Home$276,143
Median Rent$1,213/month
Population2,251
Leading IndustriesEducation · Wholesale Trade · Construction5% education
Home Value Growth+9.3% over 2 years
Retirees36% of residentstop 3% nationally
Homeowners73% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Cedaredge
CO

Frequently Asked Questions

What are today's mortgage rates in Cedaredge?

As of today, the 30-year fixed mortgage rate for Cedaredge is approximately 6.891% (6.927% 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 Cedaredge?

The median home value in Cedaredge is $276k. The median monthly rent is $1,213. Annual property taxes average $951. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cedaredge?

Home values in Cedaredge have increased 9.3% 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 Cedaredge?

Based on a typical all-in ownership cost of $883/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cedaredge is $50k/year.

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What industries drive the economy in Cedaredge?

The largest employment sectors in Cedaredge are public administration (16%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.