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Boulder County, CO

RANK #934 / 996  ·  POP 328,658  ·  CO

PROJECTED GROWTH: -2.3%

Boulder County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Boulder County?

Boulder County, Colorado, is distinguished by the iconic Flatirons, dramatic sandstone formations that provide a backdrop to the city of Boulder. Located in north-central Colorado, northwest of Denver, the county offers a blend of urban, suburban, and rural communities. Commuting to Denver is possible via the Flatiron Flyer bus service, which uses express lanes. The community emphasizes an active, outdoor lifestyle, with over 45,000 acres of open space and 150 miles of trails for hiking, biking, and climbing. Eldorado Canyon State Park is a notable destination for rock climbing. The area enjoys a mild climate with over 300 days of sunshine annually.

Life in Boulder County is shaped by its natural amenities and a focus on well-being. The county consistently ranks among the healthiest places in the U.S., partly due to low physical inactivity rates. The Boulder Valley School District and St. Vrain Valley School District serve the area, with schools consistently ranking high in academic performance. The economy is driven by a diverse mix of industries, including aerospace, bioscience, information technology, and natural and organic products, supported by institutions like the University of Colorado Boulder and federal research facilities. Many residents work from home or within the county.

[02] Market Snapshot

Housing Ratio
6.6x

Above national median (4.7x)

GDP Growth
+1.5%

Below national median

Home Prices
-3.1%

Prices declining

Climate & Terrain
5.8

Favorable climate & terrain

Price/Rent
25x

Prices detached from rents

Housing is fairly valued at 6.6x relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Boulder County U.S. National

The Numbers

DEMOGRAPHICS
Population
328,658
-0.02% YoY
Median Household Income
$99,770
Median Home Value
$671,100
-3.14% 12mo
Median Rent
$1,828
Average Annual Pay
$96,397
+5.1% YoY
Employment
193,920
-0.7% YoY
Income-to-Home-Value
0.1487
Less affordable than average
Migration Inflow
5.49%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$685,000
Days on Market
85
Slower market
Months of Supply
4.1
Balanced market
Sale-to-List Ratio
97.9%
Negotiation room for buyers
Sold Above List
18.2%
Listings w/ Price Drops
20.8%
Building Permits (2024)
1,680
Single-Family Permits
441

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$100M
TOTAL
PROJECT AMOUNT STATUS
Willoughby Corner Affordable Housing
City of Lafayette and Boulder County
$50M Completed
Kestrel Affordable Housing
Boulder County
$50M Completed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +1.5% 25 percentile
Population Growth -0.0% 29 percentile
Income Growth +7.9% 35 percentile
Vacancy Rate 1.1% 51 percentile
Home Price Change -3.1% 9 percentile
Rent Growth -0.0% 10 percentile
Price/Rent 25x 1 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Boulder County, CO a good place to move to?

Boulder County has a Boom Town Index score of 6/100, ranking #934 among 996 U.S. counties. With job growth at -0.7% and a median household income of $99,770, it faces some economic headwinds compared to faster-growing counties.

Is Boulder County affordable?

The median home value in Boulder County is $671,100 with median rent at $1,828/month. The income-to-home-value ratio is 0.1487, which is less affordable than the national average.

Is Boulder County growing or shrinking?

Population growth: -0.0% year-over-year. Job growth: -0.7%. Home values changed -3.1% in the past 12 months.

Are people moving to Boulder County?

Yes — 5.49% of Boulder County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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