Local
Learn about the people, housing, costs and businesses in Severance, Colorado
Real local data across mortgage, insurance, natural hazard, and place.
Rates, calculators, and lender comparisons
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Severance.
True all-in cost — P&I, taxes, insurance & utilities for homes in Severance.
Find and compare lenders active near Severance.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Severance.
Seismic risk and earthquake insurance estimates for Severance.
Wildfire exposure and insurance estimates for Severance.
Cost of living, demographics, and community profile
As of today, the 30-year fixed mortgage rate for Severance is approximately 6.857% (6.892% 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 SeveranceThe median home value in Severance is $553k. The median monthly rent is $2,335. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Severance have increased 7.6% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $2,291/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $98k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Severance is $129k/year.
Calculate your buying powerThe largest employment sectors in Severance are public administration (23%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.