Cost of Living in Wheat Ridge, CO
Population: 32,158 • 2026 Data
$87,598
Median Household Income
+13% vs national
$1,493
Median Monthly Rent
+11% vs national
$584,700
Median Home Value
+72% vs national
4.8%
Unemployment Rate
Housing in Wheat Ridge
The median home value in Wheat Ridge, CO is $584,700. Monthly rent for a typical unit averages $1,493, while total monthly housing costs (including utilities and insurance) average $1,606.
Rent-to-income ratio: 20.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Wheat Ridge, CO is $87,598. The unemployment rate stands at 4.8%, with a labor force of 18,988 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.