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Ordway

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

Median Home$114,300
Median Rent$990/month
Population1,133
Leading IndustriesProfessional Services · Finance & Insurance · Construction4% professional services
Home Value Growth+9.3% over 2 years
Young Adults29% of residentsslightly above average
Homeowners67% of occupied units
Ordway
CO

Frequently Asked Questions

What are today's mortgage rates in Ordway?

As of today, the 30-year fixed mortgage rate for Ordway is approximately 6.976% (7.018% 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 Ordway?

The median home value in Ordway is $114k. The median monthly rent is $990. Annual property taxes average $559. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ordway?

Home values in Ordway 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 Ordway?

Based on a typical all-in ownership cost of $735/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ordway is $49k/year.

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What industries drive the economy in Ordway?

The largest employment sectors in Ordway are public administration (25%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.