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Limon

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

Median Home$234,100
Median Rent$935/month
Population1,942
Leading IndustriesProfessional Services · Manufacturing · Wholesale Trade4% professional services
Home Value Growth+4.2% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners71% of occupied units
NotableTransit81/100 · excellent transit access
Limon
CO

Frequently Asked Questions

What are today's mortgage rates in Limon?

As of today, the 30-year fixed mortgage rate for Limon is approximately 6.982% (7.021% 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 Limon?

The median home value in Limon is $234k. The median monthly rent is $935. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Limon?

Home values in Limon 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 Limon?

Based on a typical all-in ownership cost of $863/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Limon is $66k/year.

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What industries drive the economy in Limon?

The largest employment sectors in Limon are public administration (22%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.