Land Market Insights and Pricing in Colorado

Colorado's diverse landscape encompasses mountains, forests, high plains, mesas, canyons, plateaus, rivers, and desert lands, spanning the Southern Rocky Mountains, Colorado Plateau, and Great Plains. With 37% of its land federally owned, the state offers abundant National Forest areas and four National Parks, including 53 true peaks and 58 named peaks over 14,000 feet. Colorado's Western Slope features alpine mountains and arid deserts, hosting numerous ski resorts and national monuments. The state's 4.40% flat income tax rate is lower than many neighboring states, offering simplicity and predictability for all earners. Property taxes are notably favorable at 0.49%, ranking 47th nationally and lower than most adjacent states. Larimer County presents prime lakefront opportunities near Boyd Lake State Park, with median worker earnings of $45,290 and a 67.2% labor force participation rate. Ranch enthusiasts should explore Park County, boasting a 3.5% unemployment rate and $55,777 median worker earnings, surrounded by national forests and wilderness areas. For residential properties, El Paso County offers a median household price of $431,000 and a robust 68.8% labor force participation rate. Colorado's agricultural sector thrives with significant hay production valued at $623 million, corn grain at $670 million, and a substantial cattle industry of 2.55 million head. The state's economic prospects remain strong, driven by its diverse industries, natural resources, and growing population.