Median home value is about $904,600 — about 160% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $2,026 (about 74% above the U.S. median rent ($1,163)), and owner-occupancy near 97.1% (about 31.7 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 80116 in Franktown, CO, a household would need roughly $249,000 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 $5,811. That is about 65% above the local median household income ($151,250), 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.