HousingHandbookReference data

U.S. ZIP Code · CO81520

Mesa County · Grand Junction, CO

Typical home value

$333,630[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.9%
5-year / yr
+7.0%
10-year / yr
+8.5%

Relative price

vs U.S.
+17.4%
vs metro
-33.2%
vs state
-33.5%
ZIP 81520 location in CO
Location of ZIP 81520 in CO

Price history

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

The typical home in 81520 is worth $333,630 — 33.2% below the Grand Junction, CO median. Over the past year, values have risen 1.9%. Homes here rent for a typical $1,392 a month — a 5.0% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

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

Monthly rent
$1,392[2]
Gross yield
5.0%[2]
Cap rate
3.0%[2]

#Property tax

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

Effective tax rate
0.4%[3]
Typical annual tax
$1,235[3]

#Climate risk

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

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

#Who lives here

Population
12,892[3]
Median household income
$50,283[3]

#Migration

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

Net migration
+797[5]
Moved in
4,234
Moved out
3,437

Schools

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

Public schools
3
Elementary
2
Middle
1
High
0
  • Mount Garfield Middle School

    Middle · Grades 6–8 · Mesa County Valley School District No. 51

    562 students

  • Rocky Mountain Elementary School

    Elementary · Grades PK–5 · Mesa County Valley School District No. 51

    416 students

  • Clifton Elementary School

    Elementary · Grades PK–5 · Mesa County Valley School District No. 51

    375 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 yield5.0%
Net yield (after ~40% expenses)3.0%
Annual rent$16,700

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$1,687
Loan principal$266,904
Down payment$66,726
Total interest paid$340,421

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 ratio1.49
Monthly cost to own$2,068
Monthly rent$1,392

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
93rd percentile[1]
Rental yield
63rd percentile[2]
Property tax
36th percentile[3]

Frequently asked

How much is a home worth in ZIP code 81520?
The typical home in 81520 is worth $333,630, based on the Zillow Home Value Index.
Are home values rising in 81520?
Home values in 81520 are up 1.9% over the past year, and up 7.0% a year over five years.
What is the typical rent in 81520?
A typical home in 81520 rents for about $1,392 a month, a gross rental yield of 5.0%.
What is the property tax rate in 81520?
The effective property tax rate in 81520 is 0.4% — roughly $1,235 a year on a typical home.
Who lives in 81520?
ZIP code 81520 has a population of 12,892 and a median household income of $50,283.

#Comparable ZIPs

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

  • Grand Junction, CO

    Typical home
    $349,774
    Gross yield
    5.8%
  • Grand Junction, CO

    Typical home
    $387,525
    Gross yield
    6.0%
  • Orchard Mesa CDP, CO

    Typical home
    $402,790
    Gross yield
    5.8%
  • Collbran, CO

    Typical home
    $419,456
    Gross yield
  • Fruita, CO

    Typical home
    $482,696
    Gross yield
    4.4%
  • CO

    Typical home
    $483,649
    Gross yield

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