Safe Rate Local

Montezuma County

Learn about the people, housing, costs and businesses in Montezuma County County

Median Home$335,419
Median Rent$905/month
Population26,412
Leading IndustriesArts, Food & Hospitality · Manufacturing · Healthcare7% arts, food & hospitality
Home Value Growth⬆⬆+14.6% over 2 years
Retirees25% of residentsabove average nationally
Homeowners76% of occupied units
NotableVeteran Community9% of residents · top 20% nationally
Montezuma County
CO

Frequently Asked Questions

What are today's mortgage rates in Montezuma County?

As of today, the 30-year fixed mortgage rate for Montezuma County is approximately 6.984% (7.010% 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 Montezuma County
What is the median home price in Montezuma County?

The median home value in Montezuma County is $335k. The median monthly rent is $905. Annual property taxes average $945. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Montezuma County?

Home values in Montezuma County have increased 14.6% 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 Montezuma County?

Based on a typical all-in ownership cost of $885/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 Montezuma County is $68k/year.

Calculate your buying power
What industries drive the economy in Montezuma County?

The largest employment sectors in Montezuma County are public administration (24%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas