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Cortez Colorado Real Estate By Jennifer Hershey

Cortez Colorado Real Estate

Cortez, Colorado, is located in Montezuma County, 180 miles NW of Rio Rancho, New Mexico and 256 miles SW of Denver, Colorado. Cortez has a population of 7,977.

Cortez Homes

Cortez properties pool is 3,205 residential properties including Cortez new homes. Median age of real estate in Cortez is 1972. Average Household size is 3 people. 3% are one bedroom homes, 28% are 2 bedroom homes, 57% are 3 bedroom homes, 10% are 4 bedroom homes, and 1% are 5+ bedroom homes.

Cortez Mortgage Statistics

Cortez mortgages vs. USA median statistics

Homes Cortez USA
Homes With No Mortgage 26%
30%
Homes With Mortgage 74%
70%
First Mortgage Only 65%
54%
First & Second Mortgage or HELOC 9%
16%

Cortez Area Real Estate Tax

Cortez Real estate Tax: Median Real Estate Taxes (2000) were $586 comparing to 1999 Median Family income $ 35,533. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Cortez School District: Children make up 26.7% of Cortez population. Cortez has 2,127 under 18 years old residents, or 0.61 kids per one worker, or 0.66 kids per one household.

Cortez Real Estate & Cortez Homeownership

There are 993.55 or 31% one person households, 1089.7 or 34% two person households, and 512.8 or 16% three person households in Cortez, Colorado. Median residents age is 36.4, Senior citizens (65+) make up 1,307 or 16.4%% of Cortez population.

There are 3,459 workers (over 16 years of age) in Cortez. Of these, 90.14% drive to work. Approximately 0.55% of workers in Cortez take public transportation. An estimated 3.38% walk to work.

Median Cortez homeowner's housing expences are 19.1%

Crime in Cortez (2003), crimes per 10,000 residents per year

Type of Crime Cortez USA, 2003
Violent Crimes
12.54
47.5
Robberies
NaN
14.2
Aggravated Assaults
11.28
29.5
Property Crimes
555.35
358.8
Burglaries
37.61
74.0
Larceny-Thefts
495.17
241.5
Motor Vehicle Thefts
22.56
43.3

Invest in Cortez Properties

When making a decision about buying real estate in Cortez Colorado area, you should consider following statistical data:

Category Cortez USA
Near Medium City
Rio Rancho, New Mexico
-
Near Large City
Denver, Colorado
-
Cortez Zip Codes
81321
-
Cortez Area Codes
970
-
White population
80.77%
75.1%
African-American population
0.26%
12.3%
Asian
0.35%
3.6%
American Indian & Alaskan
10.09%
0.9%
Hispanic (of any race)
13.3%
12.5%
Median Family Income (1999)
$ 35,533%
$42,000
Population Below Poverty Level
18.13%
12.4%

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