How much is a home worth in ZIP code 80516?

The typical home in 80516 is worth $722,258, based on the Zillow Home Value Index.

Are home values rising in 80516?

Home values in 80516 are down 2.6% over the past year, and up 3.2% a year over five years.

What is the typical rent in 80516?

A typical home in 80516 rents for about $2,800 a month, a gross rental yield of 4.7%.

What is the property tax rate in 80516?

The effective property tax rate in 80516 is 0.7% — roughly $4,839 a year on a typical home.

ZIP code 80516 has a population of 39,048 and a median household income of $168,725.

HousingHandbookReference data

…

U.S. ZIP Code · CO80516

Weld County · Greeley, CO

Typical home value

$722,258^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.6%
5-year / yr: +3.2%
10-year / yr: +4.9%

Relative price

vs U.S.: +154.3%
vs metro: +41.9%
vs state: +43.9%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 80516 is worth $722,258 — 41.9% above the Greeley, CO median. Over the past year, values have fallen 2.6%. Homes here rent for a typical $2,800 a month — a 4.7% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,800^[2]
Gross yield: 4.7%^[2]
Cap rate: 2.8%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $4,839^[3]

#Climate risk

FEMA National Risk Index ratings for Weld County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Relatively Low
Drought: Relatively Low
Heat wave: Relatively Low
Hurricane: Not Applicable
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 39,048^[3]
Median household income: $168,725^[3]

#Migration

Household moves in and out of Weld County over a year, from IRS tax-return data.

Net migration: +2,831^[5]
Moved in: 13,769
Moved out: 10,938

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 10
Elementary: 8
Middle: 1
High: 1

Erie High School
High · Grades 9–12 · St. Vrain Valley School District No. Re1J
1,759 students
Soaring Heights PK-8
Elementary · Grades PK–8 · St. Vrain Valley School District No. Re1J
1,254 students
Meadowlark School
Elementary · Grades PK–8 · Boulder Valley School District No. Re2
754 students
Erie Middle School
Middle · Grades 6–8 · St. Vrain Valley School District No. Re1J
742 students
Black Rock Elementary
Elementary · Grades PK–5 · St. Vrain Valley School District No. Re1J
614 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.7%

Net yield (after ~40% expenses)2.8%

Annual rent$33,598

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$3,652

Loan principal$577,806

Down payment$144,452

Total interest paid$736,960

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.66

Monthly cost to own$4,657

Monthly rent$2,800

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 65th percentile^[1]
Rental yield: 57th percentile^[2]
Property tax: 92nd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

3rd for fastest-growing in COView list →

Frequently asked

How much is a home worth in ZIP code 80516?: The typical home in 80516 is worth $722,258, based on the Zillow Home Value Index.
Are home values rising in 80516?: Home values in 80516 are down 2.6% over the past year, and up 3.2% a year over five years.
What is the typical rent in 80516?: A typical home in 80516 rents for about $2,800 a month, a gross rental yield of 4.7%.
What is the property tax rate in 80516?: The effective property tax rate in 80516 is 0.7% — roughly $4,839 a year on a typical home.
Who lives in 80516?: ZIP code 80516 has a population of 39,048 and a median household income of $168,725.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

80642 vs 80516 →
Hudson, CO
Typical home
$703,896
Gross yield
—
80612 vs 80516 →
CO
Typical home
$640,478
Gross yield
—
80652
CO
Typical home
$622,293
Gross yield
—
80624
CO
Typical home
$620,834
Gross yield
—
80648
Nunn, CO
Typical home
$600,954
Gross yield
—
80504
Firestone, CO
Typical home
$584,419
Gross yield
4.3%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 80516 against any other ZIP — full side-by-side table.

Compare 80516 →

#Jump to section

U.S. ZIP Code · CO80516

Get more data on ZIPs like this

Get more data on ZIPs like this