Cost of Living in Thornton, Colorado
In Thornton, the median household income is $103,088 and the median gross rent is $1,895/mo, with a median home value of $517,500. Source: Census Bureau ACS, 2020-2024 estimates.
- Median household income
- $103,088
- Median gross rent
- $1,895/mo
- Median home value
- $517,500
- Population
- 144,187
How Thornton compares to the Colorado average
| Measure | Thornton, CO | Colorado statewide | Difference |
|---|---|---|---|
| Median household income | $103,088 | $95,470 | +8.0% |
| Median gross rent (monthly) | $1,895 | $1,761 | +7.6% |
| Median home value | $517,500 | $539,400 | -4.1% |
Statewide, Colorado prices average 103.1 on the BEA Regional Price Parity index (2024), where the U.S. average is 100.
Housing affordability in Thornton
- Salary needed for median rent
- $75,800
- Rent burden at median income
- 22.1%
- Est. affordable home price
- $376,058
So that $1,895/mo is 30% of gross income
Share of the median household income spent on median rent (30%+ = cost-burdened)
At median income, 6.67% 30-yr rate (FRED, 2026-08), 20% down, 28% front-end DTI
The median home value in Thornton is $517,500 — +37.6% above what the median household income supports under these assumptions.
Estimates from documented formulas — see methodology. Not financial advice.
Cost of living in other Colorado cities
About this data
- American Community Survey 5-Year Estimates — data period 2020-2024, retrieved August 13, 2026.
- Regional Price Parities — data period 2024, retrieved August 13, 2026.
- Federal Reserve Economic Data — data period 2026-08, retrieved August 13, 2026.
Figures are shown exactly as published by the source or derived by the documented formulas on our methodology page. Where a source suppresses an estimate, we show “—” rather than a substitute value.