Total monthly cost of ownership
Cost to Own a Home in Fruitvale, Colorado
A $300,000 home here costs
$2,259per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $97,000 a year.
A standard mortgage calculator would have told you $1,636. The real number is $623 higher every month, 38% more than the payment most buyers budget for.
Compare Mesa County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Fruitvale against Mesa County and Colorado
| Measure | Fruitvale | Mesa County |
|---|---|---|
| Median home value | $299,900 | $349,400 |
| Median property tax | $1,229 | $1,357 |
| Effective tax rate | 0.410% | 0.388% |
| Median gross rent | $1,800 | $1,154 |
| Population | 7,998 | 157,316 |
The weather behind that power bill
Fruitvale sits in Mesa County, which averages a high of 93.1°F in its hottest month and a low of 19.2°F in its coldest, with 8.89" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,284 cooling and 5,259 heating degree days, which is what sets the $116 electricity line above.
See the full climate breakdown for Mesa County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mesa County
Talk to someone who works this market
These are Fruitvale averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Fruitvale every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Fruitvale I already own here and may sell
Common questions
How much does it cost to own a home in Fruitvale?
A $300,000 home in Fruitvale, Colorado costs approximately $2,259 per month with 20% down at 7.24%. That is $1,636 principal and interest, $102 property tax, $87 homeowners insurance, $184 utilities and $250 set aside for maintenance.
What is the property tax rate in Fruitvale?
Fruitvale has an effective property tax rate of 0.410%, based on a median home value of $299,900 and median real estate taxes of $1,229. That is higher than the Mesa County average of 0.388%.
What is the average home price in Fruitvale?
The median owner-occupied home value in Fruitvale, Colorado is $299,900, against $349,400 across Mesa County.
Is it cheaper to rent or buy in Fruitvale?
Median gross rent in Fruitvale is $1,800 a month, against $2,259 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Fruitvale?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Fruitvale, Colorado at today's rate takes a household income of roughly $97,000 a year. That covers the full $2,259 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Fruitvale, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Colorado.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.