HousingHandbookReference data

U.S. ZIP Code · CO81201

Chaffee County

Typical home value

$714,604[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.3%
5-year / yr
+5.3%
10-year / yr
+8.0%

Relative price

vs U.S.
+151.6%
vs metro
vs state
+42.4%
ZIP 81201 location in CO
Location of ZIP 81201 in CO

Price history

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

The typical home in 81201 is worth $714,604. Over the past year, values have risen 0.3%. Homes here rent for a typical $2,255 a month — a 3.8% gross rental yield. The effective property tax rate is 0.3%.

#Rent & investment

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

Monthly rent
$2,255[2]
Gross yield
3.8%[2]
Cap rate
2.3%[2]

#Property tax

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

Effective tax rate
0.3%[3]
Typical annual tax
$2,168[3]

#Climate risk

FEMA National Risk Index ratings for Chaffee 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
Very Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
9,294[3]
Median household income
$80,248[3]

#Migration

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

Net migration
+231[5]
Moved in
1,049
Moved out
818

Schools

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

Public schools
6
Elementary
1
Middle
2
High
2
  • Longfellow Elementary School

    Elementary · Grades K–4 · Salida School District No. R-32

    447 students

  • Salida High School

    High · Grades 9–12 · Salida School District No. R-32

    404 students

  • Salida Middle School

    Middle · Grades 5–8 · Salida School District No. R-32

    311 students

  • Salida Early Childhood Center

    Prekindergarten · Grades PK · Salida School District No. R-32

    66 students

  • Crest Academy

    Middle · Grades 5–8 · Salida School District No. R-32

    56 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 yield3.8%
Net yield (after ~40% expenses)2.3%
Annual rent$27,060

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$3,613
Loan principal$571,683
Down payment$142,921
Total interest paid$729,151

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 ratio1.95
Monthly cost to own$4,388
Monthly rent$2,255

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

Frequently asked

How much is a home worth in ZIP code 81201?
The typical home in 81201 is worth $714,604, based on the Zillow Home Value Index.
Are home values rising in 81201?
Home values in 81201 are up 0.3% over the past year, and up 5.3% a year over five years.
What is the typical rent in 81201?
A typical home in 81201 rents for about $2,255 a month, a gross rental yield of 3.8%.
What is the property tax rate in 81201?
The effective property tax rate in 81201 is 0.3% — roughly $2,168 a year on a typical home.
Who lives in 81201?
ZIP code 81201 has a population of 9,294 and a median household income of $80,248.

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