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Park Center

Learn about the people, housing, costs and businesses in Park Center, Colorado

Median Home$323,398
Median Rent$1,193/month
Population2,831
Leading IndustriesConstruction · Wholesale Trade · Agriculture & Mining5% construction
Home Value Growth+4.8% over 2 years
Retirees28% of residentswell above average
Homeowners71% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Park Center
CO

Frequently Asked Questions

What are today's mortgage rates in Park Center?

As of today, the 30-year fixed mortgage rate for Park Center is approximately 6.849% (6.883% 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 Park Center?

The median home value in Park Center is $323k. The median monthly rent is $1,193. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Park Center?

Home values in Park Center have increased 4.8% 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 Park Center?

Based on a typical all-in ownership cost of $1,131/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Park Center is $69k/year.

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What industries drive the economy in Park Center?

The largest employment sectors in Park Center 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.