Counties / Colorado / Weld County

Weld County, CO

FIPS 08123 · population 350,396 · part of Greeley, CO

$498k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$498k
▼ 2.4% year over year
Zillow ZHVI · direct
Median asking rent
$1,758
▲ 0.1% year over year
Zillow ZORI · direct
Gross yield
4.2%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$1,563
market rent is 1.13x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

The annual signals disagree
FHFA five-year cumulative+36.7%not annualized · through 2025
0%ZILLOW ZHVI2026-06−2.4%FHFA HPI2025+0.7%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$472k
Surveyed gross rent$1,539
Rent burden 30%+55.5%
Median year built2001
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
4.1%vacant
129,637estimated housing units
Occupied tenure24.0% renter
owner 76.0%renter 24.0%
Structure mix77.9% single-family
Single-family 77.9%20+ units 4.5%Mobile home 6.1%Other 11.4%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs123,428▲ 3.9% from the prior annual release
Covered establishments9,770annual average reporting locations
Average weekly wage$1,338▲ 4.8% from the prior annual release
Largest private supersectorTrade, transportation, and utilities19.3% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+3.9%WEEKLY WAGE+4.8%Trade, transportation, and utilities19.3%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Weld County’s tension is a falling Zillow value measure alongside nearly flat asking rent, leaving a modest published yield before carrying costs. Cash-flow buyers should investigate individual assets; quick-resale buyers or those with thin insurance margins should be cautious. In Zillow’s 2026-06 series, the $498,223 median home value was down 2.44% year over year, while median asking rent was $1,758 per month; stated gross yield is 4.23% before costs.

02Housing economics

That yield does not settle affordability after ownership costs. The effective property-tax rate is 0.52%, a continuing deduction from gross rent. HUD’s two-bedroom FMR is a payment standard, not an estimate of asking rent, so it cannot replace measured market rent or create a yield. Separately, the FHFA repeat-transaction HPI rose 0.74% in annual 2025 data. It is not a dollar value; its positive direction contrasts with Zillow’s decline, but their periods and methods should not be combined.

03Demand & competition

Realtor.com’s 2026-06 MLS market points to visible seller-side slack: median listing price was down 4.74%, active listings rose 6.82%, and median marketing time was 46 days. Reported price reductions indicate seller concessions, but listings, days and pending activity are not closed sales or buyer-demand proof. Annual 2025 QCEW records covered workplace job and wage growth; trade, transportation, and utilities is the largest disclosed private supersector, not the whole economy. A calculated net inflow of 2,840 tax-return households had higher average AGI for entrants than leavers, while investors accounted for 4.01% of purchases. This tempers the investor-competition concern but does not identify submarket buyers.

04Risk & next checks

Inland flood is the dominant hazard, and modeled expected climate loss equals 0.13% of building value annually; it is a modeled ratio, not a parcel loss estimate. The thesis can fail if flood exposure or insurance costs absorb cash flow, if county-level rent masks weak subject-property leasing, or if listing slack is not reflected in achievable resale. Missing expenses, financing, insurance, vacancy, lease rolls, condition, and closed-sale comparables prevent a net-yield or exit-price conclusion. Next checks are parcel flood mapping, coverage and deductible quotes, assessed tax bills, current leases, and nearby closed transactions.

Cities & communities

Where people live within Weld County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Thornton city*144.2KGreeley city110.8KLongmont city*99.4KBrighton city*42.1KNorthglenn city*38KWindsor town*37.9KErie town*33.8KEvans city22.4K
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

34 Census places

Population
  1. 01
    Thornton cityIncorporated place · spans 2 counties
    144,187
  2. 02
    Greeley cityIncorporated place
    110,806
  3. 03
    Longmont cityIncorporated place · spans 2 counties
    99,406
  4. 04
    Brighton cityIncorporated place · spans 2 counties
    42,059
  5. 05
    Northglenn cityIncorporated place · spans 2 counties
    38,014
  6. 06
    Windsor townIncorporated place · spans 2 counties
    37,914
  7. 07
    Erie townIncorporated place · spans 2 counties
    33,808
  8. 08
    Evans cityIncorporated place
    22,396
  9. 09
    Johnstown townIncorporated place · spans 2 counties
    18,883
  10. 10
    Firestone townIncorporated place
    18,049
  11. 11
    Frederick townIncorporated place
    16,651
  12. 12
    Berthoud townIncorporated place · spans 2 counties
    12,411
Show 22 more places
  1. 13
    Severance townIncorporated place
    10,130
  2. 14
    Timnath townIncorporated place · spans 2 counties
    8,941
  3. 15
    Fort Lupton cityIncorporated place
    8,897
  4. 16
    Milliken townIncorporated place
    8,871
  5. 17
    Lochbuie townIncorporated place · spans 2 counties
    8,609
  6. 18
    Dacono cityIncorporated place
    6,530
  7. 19
    Mead townIncorporated place
    5,919
  8. 20
    Eaton townIncorporated place
    5,867
  9. 21
    La Salle townIncorporated place
    3,061
  10. 22
    Platteville townIncorporated place
    2,928
  11. 23
    Ault townIncorporated place
    2,425
  12. 24
    Keenesburg townIncorporated place
    2,347
  13. 25
    Hudson townIncorporated place
    2,006
  14. 26
    Aristocrat Ranchettes CDPCensus-designated place
    1,747
  15. 27
    Pierce townIncorporated place
    1,201
  16. 28
    Kersey townIncorporated place
    1,064
  17. 29
    Gilcrest townIncorporated place
    1,026
  18. 30
    Garden City townIncorporated place
    401
  19. 31
    Nunn townIncorporated place
    358
  20. 32
    Grover townIncorporated place
    164
  21. 33
    Briggsdale CDPCensus-designated place
    88
  22. 34
    Raymer (New Raymer) townIncorporated place
    78

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.128% of building value expected lost per year

Effective property tax0.52%

$2,440 median annual bill

02
DemandIRS SOI household flows
Net migration+2,840

13,725 in · 10,885 out

Arriving vs leaving income+$3,260

$73,472 arriving · $70,212 leaving

03
CompetitionHMDA financed purchases
Purchases by investors4.0%

245 of 6,105 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings1,480▲ 6.8% year over year
Median days on market46▲ 5.1% year over year
Listings price-reduced26.2%seller-concession signal
Median listing pricen/a▼ 4.7% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Bear case

What can break the county thesis

  1. Parcel-specific flood exposure and insurance pricing may overwhelm the gross-income case.
  2. Unpublished operating, financing, and vacancy costs may make gross yield inadequate on a net basis.
  3. MLS listing weakness may be reflected in eventual closed-sale pricing and resale execution.
Underwriting questions

Before pricing a property

Is there measured market rent and a published gross yield?

Yes. The record publishes county median asking rent and a gross yield before costs.

Can HUD’s two-bedroom FMR be substituted for market asking rent?

No. It is a HUD payment standard, not an estimate of market asking rent.

Does the county record establish net yield or a resale value for a specific property?

No. Property-level expenses, financing, insurance, leasing, condition, and closed-sale evidence are not published here.