Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

El Moro

Learn about the people, housing, costs and businesses in El Moro, Colorado

Median Home$269,800
Median Rent$782/month
Population224
Leading IndustryRetail20% of local workforce
Home Value Growth⬆⬆+20.5% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners77% of occupied units
El Moro
CO

Frequently Asked Questions

What are today's mortgage rates in El Moro?

As of today, the 30-year fixed mortgage rate for El Moro is approximately 7.263% (7.313% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for El Moro
What is the median home price in El Moro?

The median home value in El Moro is $270k. The median monthly rent is $782. Annual property taxes average $620. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in El Moro?

Home values in El Moro have increased 20.5% 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 El Moro?

Based on a typical all-in ownership cost of $773/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in El Moro is $73k/year.

Calculate your buying power
What industries drive the economy in El Moro?

The largest employment sectors in El Moro are retail (20%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.