How much do homeowners pay a month in Black Forest, CO?
Homeowners with a mortgage in Black Forest, CO pay a median of $2,885 (±$232) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $854 (±$55).
61.7% of owned homes carry a mortgage.
In Black Forest, the median monthly cost with a mortgage went from $2,485 in 2015–2019 to $2,885 in 2020–2024 (+16.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $2,885 (±$232)
- Without a mortgage
- $854 (±$55)
- Owned with a mortgage
- 61.7%
Monthly owner costs in Black Forest
| Black Forest | El Paso County | Colorado | United States | |
|---|---|---|---|---|
| With a mortgage | $2,885 (±$232) | $2,145 (±$19) | $2,326 (±$9) | $1,963 |
| Without a mortgage | $854 (±$55) | $623 (±$12) | $663 (±$4) | $638 |
| Owned homes with a mortgage | 61.7% (±4.8 points) | 71.6% (±0.9 points) | 69.4% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $3,335 (±$177) | $1,874 (±$22) | $2,602 (±$10) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Black Forest, the median cost with a mortgage is higher than in El Paso County ($2,145).
It is also higher than in Colorado ($2,326).
It is higher than the national figure ($1,963).
In El Paso County, Black Forest ranks 1 of 16 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 33 of 316.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Black Forest have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,485 (±$160) | $2,885 (±$232) | +16.1% | No measurable change after inflation |
| Median real estate taxes | $2,414 (±$103) | $3,335 (±$177) | +38.2% | Up after inflation |
| Median home value | $547,000 (±$28,105) | $856,200 (±$32,640) | +56.5% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Black Forest
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Black Forest | — | $2,885 (±$232) | — |
| Gleneagle | 8.0 mi | $2,746 (±$145) | Not measurably different |
| Monument | 8.9 mi | $2,683 (±$280) | Not measurably different |
| Woodmoor | 9.2 mi | $2,793 (±$125) | Not measurably different |
| Palmer Lake | 13 mi | $2,098 (±$262) | Lower |
| Cimarron Hills | 14 mi | $1,957 (±$97) | Lower |
| Colorado Springs | 14 mi | $2,063 (±$25) | Lower |
| Larkspur | 16 mi | $1,500 (±$1,057) | Lower |
| Cascade-Chipita Park | 19 mi | $2,147 (±$542) | Lower |
Nearby places with a measurably lower figure: Palmer Lake, CO ($2,098), Cimarron Hills, CO ($1,957), Colorado Springs, CO ($2,063).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across El Paso County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Black Forest | $2,885 (±$232) |
| 2 | Woodmoor | $2,793 (±$125) |
| 3 | Gleneagle | $2,746 (±$145) |
| 4 | Monument | $2,683 (±$280) |
| 5 | Ellicott | $2,183 (±$365) |
| 6 | Manitou Springs | $2,171 (±$217) |
| 7 | Cascade-Chipita Park | $2,147 (±$542) |
Showing 7 of 16 places in El Paso County, ranked from highest to lowest.
Black Forest is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Black Forest
What is the average mortgage payment in Black Forest?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Black Forest, CO is $2,885 (±$232) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Black Forest?
Owners without a mortgage in Black Forest pay a median of $854 (±$55) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Black Forest gone up?
In Black Forest, the median monthly cost with a mortgage went from $2,485 in 2015–2019 to $2,885 in 2020–2024 (+16.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Black Forest CDP, Colorado
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Black Forest CDP, Colorado
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Black Forest CDP, Colorado
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Black Forest CDP, Colorado
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Black Forest CDP, Colorado
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Black Forest CDP, Colorado (place:06970, in state:08).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Black Forest at a glance
- Income and affordability in Black Forest
- Home values in Black Forest
- Property taxes in Black Forest
- Types of homes in Black Forest
- Bedrooms in Black Forest
- Age of homes in Black Forest
- Heating fuel in Black Forest
- Commute and cars in Black Forest
- Population growth in Black Forest
- How long people stay in Black Forest
- Crowding and facilities in Black Forest
- Fair Market Rent in Black Forest
- Colorado landlord and tenant rules
- Housing across El Paso County
- Housing data for every place in Colorado