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Broomfield County, CO

RANK #961 / 996 NAT  ·  #14 / 15 CO  ·  POP 73,946

1YR FORECAST: -3.5%

5YR OUTLOOK: +7%

Our model projects Broomfield County's housing market at -3.5% over the next year, underperforming most U.S. counties.

[01] Why Broomfield County?

Broomfield, Colorado, a consolidated city and county, is situated on the Front Range between Denver and Boulder. Locals often highlight its extensive open space and trail system, encompassing over 8,000 acres for hiking, biking, and nature walks. The community offers a suburban feel with views of the Rocky Mountains. Commuting to Denver or Boulder is feasible via US-36, which includes express lanes, and public transit options like the Flatiron Flyer express buses. The city also features the Paul Derda Recreation Center, known for its aquatic park and climbing wall.

Life in Broomfield is often described as family-friendly, with a focus on quality recreational activities and a safe environment. The area is served by multiple school districts, including Boulder Valley School District and Adams 12 Five Star School District. The economy is driven by sectors such as information technology, finance, and professional business services, with a notable presence of technology companies. Recent developments include investments in commercial and residential spaces, and initiatives to support local businesses and diverse housing options.

[02] Market Snapshot

Housing Ratio
4.3x

Below national median (4.7x)

GDP Growth
+0.4%

Well below national median

Home Prices
-1.8%

Prices declining

Price/Rent
25x

Prices detached from rents

Housing is fairly valued at 4.3x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Oracle America Technology
    1,000+
  2. 2
    Lumen Technologies (formerly CenturyLink) Technology
  3. 3
    Intermountain Health Care Healthcare
  4. 4
    BAE Systems Technology
  5. 5
    Hunter Douglas Window Fashions Division Manufacturing
    500+
  6. 6
    City and County of Broomfield Government
  7. 7
    Urban Lending Solutions Finance
  8. 8
    Staples/Corporate Express Retail
  9. 9
    Ball Corporation Manufacturing
  10. 10
    Sandoz Inc. Healthcare

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Broomfield County U.S. National

The Numbers

DEMOGRAPHICS
Population
73,946
+1.72% YoY
Median Household Income
$117,541
Median Home Value
$581,600
-1.84% 12mo
Median Rent
$1,923
Average Annual Pay
$113,531
+3.6% YoY
Employment
41,920
-3.2% YoY
Income-to-Home-Value
0.2021
Near national average
Migration Inflow
8.35%
of pop. from another state
Bachelor's Degree+
58.4%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$610,000
Days on Market
67
Slower market
Months of Supply
3.1
Balanced market
Sale-to-List Ratio
99.3%
Near asking price
Sold Above List
22.0%
Listings w/ Price Drops
26.8%
Building Permits (2024)
405
Single-Family Permits
57

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

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.2
per 100K · nat avg 6.3
Firearm Fatalities
10.2
per 100K · nat avg 14.8
Injury Deaths
62.2
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$1,228M
TOTAL
PROJECT AMOUNT STATUS
Project Sycamore Data Centers
Undisclosed (KHS&S West was contractor)
$500M Under Construction
Baseline Master-Planned Community
Undisclosed
$500M Under Construction
United Power Battery Energy Storage System (Broomfield portion)
Ameresco (for United Power)
$78M Operating
Peak Energy Battery Cell Engineering Center
Peak Energy
$50M Operating
Front Range Circle Natural Gas Project
Xcel Energy
$50M Completed
Broomfield Police Building Expansion
City and County of Broomfield
$50M Under Construction

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

[07] Score Breakdown

GDP Growth +0.4% 10 percentile
Population Growth +1.7% 86 percentile
Income Growth +9.3% 68 percentile
Vacancy Rate 0.8% 71 percentile
Home Price Change -1.8% 16 percentile
Rent Growth -2.4% 1 percentile
Price/Rent 25x 2 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

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

The data is not encouraging — Broomfield County scores just 3/100 on the Boom Town Index, ranking #961 of 996 counties. Job growth at -3.2% and median household income of $117,541 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Broomfield County affordable?

Broomfield County leans toward the expensive side. A median home value of $581,600 against an income-to-home-value ratio of 0.20 means housing eats a bigger share of local earnings than the national norm. Renters face $1,923/month on average.

Is Broomfield County growing or shrinking?

Broomfield County is attracting residents (population +1.7% YoY) even as the job market softens with employment at -3.2%. Housing values changed -1.8% over the past 12 months. People may be moving here for affordability or lifestyle reasons rather than job opportunities.

Are people moving to Broomfield County?

In significant numbers — 8.35% of Broomfield County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[09] Similar Counties by Size & Score

Douglas County, CO 4 Adams County, CO 2 Weld County, CO 5 Denver County, CO 6 El Paso County, CO 6 Jefferson County, CO 6 Wise County, TX 3 Lake County, CA 3