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Stratton

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

Median Home$227,200
Median Rent$933/month
Population647
Leading IndustriesConstruction · Agriculture & Mining · Professional Services28% construction
Home Value Growth⬆⬆+15.1% over 2 years
Retirees23% of residentsslightly above average
Homeowners68% of occupied units
Stratton
CO

Frequently Asked Questions

What are today's mortgage rates in Stratton?

As of today, the 30-year fixed mortgage rate for Stratton is approximately 7.029% (7.070% 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 Stratton?

The median home value in Stratton is $227k. The median monthly rent is $933. Annual property taxes average $883. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Stratton?

Home values in Stratton have increased 15.1% 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 Stratton?

Based on a typical all-in ownership cost of $839/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Stratton is $57k/year.

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What industries drive the economy in Stratton?

The largest employment sectors in Stratton are agriculture and mining (28%) and construction (28%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.