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Jefferson County, CO

RANK #944 / 996  ·  POP 580,519  ·  CO

PROJECTED GROWTH: -2.5%

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

[01] Why Jefferson County?

Golden, the county seat of Jefferson County, holds a notable place in Colorado's history, having served as the territorial capital twice. Located along the Front Range of the Rocky Mountains, adjacent to Denver, the county offers a blend of urban, suburban, and mountain communities. Commuting to Denver is feasible via major highways, and public transit options like RTD are available. The community's feel varies from the historic charm of Golden to the more suburban environments of Lakewood and Arvada. Outdoor recreation is a significant draw, with over 58,000 acres of open space, 27 parks, and more than 275 miles of trails for hiking, biking, and climbing. The county also includes parts of Pike National Forest and Golden Gate Canyon State Park.

Life in Jefferson County appeals to families and individuals seeking access to both city amenities and natural landscapes. The Jeffco Public Schools district is the second-largest in Colorado, serving a wide geographic area from urban to mountain communities. The economy is diverse, with major employers like Coors Brewing Company in Golden. Recent economic developments include investments in quantum technology and renewable energy, with the National Renewable Energy Laboratory (NREL) contributing significantly to the county's economy. There is also ongoing commercial and residential development, including new aircraft maintenance facilities and planned retail spaces.

[02] Market Snapshot

Housing Ratio
8.7x

Overvalued relative to economy

GDP Growth
+1.3%

Well below national median

Home Prices
-2.6%

Prices declining

Climate & Terrain
5.6

Favorable climate & terrain

Price/Rent
25x

Prices detached from rents

Housing looks overvalued at 8.7x — home prices are high 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

Jefferson County U.S. National

The Numbers

DEMOGRAPHICS
Population
580,519
+0.07% YoY
Median Household Income
$103,167
Median Home Value
$556,800
-2.57% 12mo
Median Rent
$1,696
Average Annual Pay
$78,598
+3.2% YoY
Employment
248,082
+0.3% YoY
Income-to-Home-Value
0.1853
Near national average
Migration Inflow
5.58%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$625,000
Days on Market
47
Moderate pace
Months of Supply
2.6
Seller's market
Sale-to-List Ratio
98.9%
Near asking price
Sold Above List
25.7%
Listings w/ Price Drops
32.3%
Building Permits (2024)
1,172
Single-Family Permits
932

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

[05] Capital Investment

$614M
TOTAL
PROJECT AMOUNT STATUS
New Residential Developments (Combined)
Various Homebuilders (e.g., Tri Pointe Homes, Brookfield Residential, Taylor Morrison, Cardel Homes)
$500M Under Construction
Plains End Natural Gas Power Plant
Plains End Operating Services LLC
$114M Operating

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

[06] Score Breakdown

GDP Growth +1.3% 22 percentile
Population Growth +0.1% 33 percentile
Income Growth +9.8% 78 percentile
Vacancy Rate 0.9% 62 percentile
Home Price Change -2.6% 11 percentile
Rent Growth -1.1% 5 percentile
Price/Rent 25x 2 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Jefferson County has a Boom Town Index score of 5/100, ranking #944 among 996 U.S. counties. With job growth at +0.3% and a median household income of $103,167, it faces some economic headwinds compared to faster-growing counties.

Is Jefferson County affordable?

The median home value in Jefferson County is $556,800 with median rent at $1,696/month. The income-to-home-value ratio is 0.1853, which is less affordable than the national average.

Is Jefferson County growing or shrinking?

Population growth: +0.1% year-over-year. Job growth: +0.3%. Home values changed -2.6% in the past 12 months.

Are people moving to Jefferson County?

Yes — 5.58% of Jefferson County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Tuolumne County, CA 15 Butte County, CA 15 Pinal County, AZ 15 Rutherford County, TN 15 Steuben County, NY 15 Chittenden County, VT 15 Fulton County, GA 15 Hinds County, MS 15