Colorado

Pitkin County

ZIP 81623

17,119 residents39 permits TTM$100,318 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$1,131,200

ACS 5-Year

Cap rate proxy

2.0%

FMR × 0.65 ÷ Home Value

Rent-to-income

22.5%

HUD FMR ÷ ACS HHI

Net migration

+1.62%

IRS SOI

Permits (TTM)

39

Census BPS

Climate risk

54.1

FEMA NRI (0–100)

ZIP 81623

Median home value

Gross yield

Cap rate

3.9%

Rent gap

Affordability

P/I: 13.3R/I: 51.4%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown7 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
816233.9%
816422.0%
816122.0%
816152.0%
816562.0%

Ranked by composite score

ZIP comparison table. Showing 5 of 7 ZIPs. Sign up to see all.

Demographics

Owner-occupied

67.5%

Census ACS

Vacancy rate

32.4%

Census ACS

Bachelor's degree +

64.0%

Census ACS

Rent burdened

44.5%

Census ACS (>30% income)

Median age

47.3

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026