HousingHandbookReference data

U.S. ZIP Code · CO80705

Morgan County

Typical home value

$214,669[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+10.3%
5-year / yr
+7.0%
10-year / yr
+13.1%

Relative price

vs U.S.
-24.4%
vs metro
vs state
-57.2%
ZIP 80705 location in CO
Location of ZIP 80705 in CO

Price history

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

The typical home in 80705 is worth $214,669. Over the past year, values have risen 10.3%. The effective property tax rate is 0.5%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.5%[3]
Typical annual tax
$1,004[3]

#Climate risk

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

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

#Who lives here

Population
1,102[3]
Median household income
$56,786[3]

#Migration

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

Net migration
-91[5]
Moved in
708
Moved out
799

Run the numbers

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

Gross yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$1,085
Loan principal$171,736
Down payment$42,934
Total interest paid$219,039

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.

Own : rent ratio
Monthly cost to own$1,348
Monthly rent

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
[1]
Rental yield
[2]
Property tax
[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 80705?
The typical home in 80705 is worth $214,669, based on the Zillow Home Value Index.
Are home values rising in 80705?
Home values in 80705 are up 10.3% over the past year, and up 7.0% a year over five years.
What is the property tax rate in 80705?
The effective property tax rate in 80705 is 0.5% — roughly $1,004 a year on a typical home.
Who lives in 80705?
ZIP code 80705 has a population of 1,102 and a median household income of $56,786.

Compare ZIPs

Pit ZIP 80705 against any other ZIP — full side-by-side table.

Compare 80705

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