HousingHandbookReference data

U.S. ZIP Code · CO81140

Conejos County

Typical home value

$219,255[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.7%
5-year / yr
+4.2%
10-year / yr
+6.3%

Relative price

vs U.S.
-22.8%
vs metro
vs state
-56.3%
ZIP 81140 location in CO
Location of ZIP 81140 in CO

Price history

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

The typical home in 81140 is worth $219,255. Over the past year, values have risen 1.7%. The effective property tax rate is 0.6%.

#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
0.6%[3]
Typical annual tax
$1,259[3]

#Climate risk

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

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

#Who lives here

Population
1,893[3]
Median household income
$46,781[3]

#Migration

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

Net migration
-26[5]
Moved in
139
Moved out
165

Schools

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

Public schools
4
Elementary
1
Middle
1
High
1
  • Centauri High School

    High · Grades 9–12 · North Conejos School District No. Re1J

    303 students

  • Centauri Middle School

    Middle · Grades 6–8 · North Conejos School District No. Re1J

    240 students

  • La Jara Elementary School

    Elementary · Grades PK–5 · North Conejos School District No. Re1J

    191 students

  • North Conejos Alternative Program

    Other · Grades K–12 · North Conejos School District No. Re1J

    34 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.

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$1,109
Loan principal$175,404
Down payment$43,851
Total interest paid$223,718

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$1,396
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]

Frequently asked

How much is a home worth in ZIP code 81140?
The typical home in 81140 is worth $219,255, based on the Zillow Home Value Index.
Are home values rising in 81140?
Home values in 81140 are up 1.7% over the past year, and up 4.2% a year over five years.
What is the property tax rate in 81140?
The effective property tax rate in 81140 is 0.6% — roughly $1,259 a year on a typical home.
Who lives in 81140?
ZIP code 81140 has a population of 1,893 and a median household income of $46,781.

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