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ZIP 82602 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 82602

Median Home Value
$156,900
Median Rent
$647
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,008/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

20.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 82602, a household would need roughly $43,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,008. That is about 18% above the local median household income ($36,395), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 25% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
38.2%-42% vs US avg
x
Vacancy Rate
25.2%+144% vs US avg
x
Broadband Access
83.3%-4% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
11.2%-13% vs US avg
x
Built Post-2014
1.7%-76% vs US avg
x
Rent Burden >30%
27.6%-45% vs US avg
x
Mortgage-Free
46.1%+21% vs US avg
x
$156,900
Home Value
$647
Rent
1949
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached45.2%
  • 1-unit attached3.6%
  • 2-9 units10.5%
  • 10+ units30.7%
  • Mobile home & other10.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$156,900
Median rent$647
Owner-occupied38.2%
Vacant25.2%
Price-to-income4.3x
Est. income to buy$43,000