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Grand Junction

Learn about the people, housing, costs and businesses in Grand Junction

Median Home$396,891
Median Rent$1,359/month
Population158,601
Leading IndustriesWholesale Trade · Education · Manufacturing10% wholesale trade
Home Value Growth⬆⬆+13.1% over 2 years
Retirees21% of residentsabove average nationally
Homeowners72% of occupied units
NotableVeteran Community10% of residents · top 12% nationally
Grand Junction

Frequently Asked Questions

What are today's mortgage rates in Grand Junction?

Mortgage rates for Grand Junction are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

View current rates for Grand Junction
What is the median home price in Grand Junction?

The median home value in Grand Junction is $397k. The median monthly rent is $1,359. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grand Junction?

Home values in Grand Junction have increased 13.1% 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 Grand Junction?

Based on a typical all-in ownership cost of $1,262/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grand Junction is $78k/year.

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What industries drive the economy in Grand Junction?

The largest employment sectors in Grand Junction are public administration (25%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.