Quick facts: La junta, CO

Quick Facts

114.3
Cost of Living
above US average
7,152
Population
58.59
Crime Rate per 1000
above US average
$50,799
Median Income
below US average
$190,000
Median House Price
above US average
$2460.0
Average Rent
above US average
15%
Poverty Rate
above US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $50,799.

🏠

Income Needed to Buy

βœ— Stretch
$60k/year
Based on $190,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $60k vs median $50,799
🏒

Income Needed to Rent

⚠ Stretch
$105k/year
Based on $2460.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $105k vs median $50,799
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for La junta, CO

La Junta is a small city located in Otero County, Colorado, with a rich history and a population of around 7,000 residents. Nestled between the Arkansas River and the foothills of the Rocky Mountains, it serves as a hub for agriculture and rail transport in the region. The town was founded in the late 19th century and has since maintained its charm with several historic buildings and a tight-knit community. Outdoor enthusiasts can explore the nearby Bent’s Old Fort National Historic Site or the picturesque Arkansas River, which offers fishing, rafting, and hiking opportunities. La Junta is also close to the Comanche National Grasslands, ideal for those who appreciate wide-open spaces and wildlife. Culturally, La Junta hosts events throughout the year, such as the annual La Junta Arts & Crafts Festival, celebrating local artisans. The city is served by a school district that provides educational opportunities for residents, alongside a few local parks and recreational facilities catering to families. Overall, La Junta is characterized by its friendly atmosphere, historical significance, and access to beautiful natural landscapes, making it a unique spot in southeastern Colorado.

πŸ” Search & Compare Places

First Location πŸ“