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Old 05-12-2017, 06:59 PM
 
Location: Colorado
896 posts, read 482,598 times
Reputation: 973

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Quote:
Originally Posted by lovecrowds View Post
It seems like the typical older 1 bedroom apartment in Pueblo is $525-$550

It seems like Pueblo bargain is in older, single-family home rents where can rent a small house with a lot for about $700.

That is an increase but Pueblo has been always had a rent to home price ratio compared to other front range cities.
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And just a sidenote of the cost of houses relative to incomes in Colorado Springs vs Pueblo

This article says that Pueblo median home price is $129,000
Per-Capita Pueblo County income: $22,000
In Pueblo, 5.8 years of per-capita income to buy a home

http://finance.yahoo.com/news/best-c...103031519.html

Colorado Springs on the other hand median home price: $262,000
Per-Capita Colorado Springs income: $29,000
In Colorado Springs: 9 years of income to buy a home

Colorado Springs home sales and prices set more records in June | Colorado Springs Gazette, News

Another thing about Colorado Springs is that it has relatively high electric rates compared to other areas of the state and the water rates are extremely high.
Per capita? Does that include unemployed, retired, children? I ask because those income numbers look ridiculously low?
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Old 05-17-2017, 12:05 PM
 
1,019 posts, read 1,102,516 times
Reputation: 679
Interesting statistics , I have heard that in the 70's a house construction worker was making 10- 11 an hour building homes for Pulte or Wood brothers homes and a new house cost 60-70 K in the Lakewood area. I also read that in the 80's people were leaving Denver for Seattle because the cost of living was about the same but Salaries were higher in Seattle. In the 80's a lot of young professionals were buying Town houses as a way to get into real estate . Which leads me to the question has the Denver metro area since the 1980's had a long history of wages/ salaries not keeping up with the cost of living ?
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Old 05-17-2017, 04:06 PM
 
Location: Eastern Colorado
3,768 posts, read 4,619,029 times
Reputation: 4893
Quote:
Originally Posted by DrDog View Post
Per capita? Does that include unemployed, retired, children? I ask because those income numbers look ridiculously low?
I am not sure but the median household is right around $40K a year, even after 30 years they are still trying to recover from losing the steel mills down there.
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Old 05-18-2017, 11:11 AM
 
Location: Colorado Springs
3,049 posts, read 2,077,790 times
Reputation: 3536
Quote:
Originally Posted by DrDog View Post
Per capita? Does that include unemployed, retired, children? I ask because those income numbers look ridiculously low?
Lovecrowds likes to pull his data from government websites. Although he has contradicted himself on Cos income on several different occasions depending on the topic on hand and the point he is trying to make. He admits a considerable dislike for Cos and will post whatever negative information about it he can conjure up and manipulate to prove his point.
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