Total monthly cost of ownership
Cost to Own a Home in Walsenburg, Colorado
A $149,000 home here costs
$1,204per 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 $51,500 a year.
A standard mortgage calculator would have told you $812. The real number is $391 higher every month, 48% more than the payment most buyers budget for.
Compare Huerfano County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Walsenburg from a five-year rolling sample, and with about 3,079 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Huerfano County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Walsenburg against Huerfano County and Colorado
| Measure | Walsenburg | Huerfano County |
|---|---|---|
| Median home value | $148,600 | $256,700 |
| Median property tax | $481 | $707 |
| Effective tax rate | 0.324% | 0.275% |
| Median gross rent | $723 | $739 |
| Population | 3,079 | 6,946 |
The weather behind that power bill
Walsenburg sits in Huerfano County, which averages a high of 87.4°F in its hottest month and a low of 20.4°F in its coldest, with 17.29" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 623 cooling and 5,463 heating degree days, which is what sets the $116 electricity line above.
See the full climate breakdown for Huerfano County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Huerfano County
No other places of this size are published in Huerfano County.
Full Huerfano County cost breakdown · Every county in Colorado
Talk to someone who works this market
These are Walsenburg 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 Walsenburg every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Walsenburg I already own here and may sell
Common questions
How much does it cost to own a home in Walsenburg?
A $149,000 home in Walsenburg, Colorado costs approximately $1,204 per month with 20% down at 7.24%. That is $812 principal and interest, $40 property tax, $43 homeowners insurance, $184 utilities and $124 set aside for maintenance.
What is the property tax rate in Walsenburg?
Walsenburg has an effective property tax rate of 0.324%, based on a median home value of $148,600 and median real estate taxes of $481. That is higher than the Huerfano County average of 0.275%.
What is the average home price in Walsenburg?
The median owner-occupied home value in Walsenburg, Colorado is $148,600, against $256,700 across Huerfano County.
Is it cheaper to rent or buy in Walsenburg?
Median gross rent in Walsenburg is $723 a month, against $1,204 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 Walsenburg?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Walsenburg, Colorado at today's rate takes a household income of roughly $51,500 a year. That covers the full $1,204 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Walsenburg, 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.