Arvada, Colorado is located seven miles northwest of Denver at the west-end point of Interstate 76. Its southernmost point reaches to the shoulder of I-70 while to the north it meets with Highway 36 that connects Denver and Boulder. The first fleck of gold discovered in the Rocky Mountain region was sluiced from a small stream near Arvada in 1850 by Lewis Ralston. However the true riches were discovered in the topsoil, the crops from which found an eager market among the throng of gold seekers. Arvada was once known as the celery capitol of the west. In 1870 the Colorado Central Railroad laid its tracks through Arvada, connecting the town with the Denver and Kansas Central Railroads.
Arvada, CO is a great place for affordable rent-to-own homes! With a median household income of over $92,669 and a median rent of $1,444, the Arvada, CO rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Arvada, CO. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
Arvada, CO is seeing rapid growth and Arvada, CO's' housing market remains not optimal with an average home price that is 95% above the 2022 national average. Arvada, CO is part of Jefferson county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2022 for county Jefferson is 0.7% which is below the national average, which is 0.99%.
Arvada, CO has a walk score of
Arvada, CO has a bike score of
The state tax rate is 4.55% on top of the federal tax rate of 10 to 37%.