Mapping Arvada’s Income-Aligned Housing Supply

June 12, 2023

The Arvada Chamber of Commerce is now tracking the proximity of the city’s income-aligned housing inventory relative to where onsite jobs are generally located, by analyzing real-time supply of 60-120% AMI (area median income) housing inventory for sale or rent by zip code. This report was generated with 2022 labor data from Lightcast and real-time housing data from Zillow and USZip.com and adhered to rental AMI caps issued by Denver Housing Stability. For-sale 60-120% AMI housing caps at approximately  $500,000. 

Notable Findings

  • 80002 is home to the highest number of jobs and highest number of 60-120% AMI housing units available for sale or rent, yet it has roughly half the total number of housing units than 80004.
  • 80004 is home to the largest number of resident workers and has the highest ratio of 60-120% AMI units for sale or rent against total housing units.
  • 80003, home to the second highest number of jobs and second highest number of resident workers in Arvada, has the lowest ratio of 60-120% AMI housing available for sale or rent against total housing units.

AMI Housing by Zip Code

80001800028000380004800058000680007
Number of jobs34913,900 9,2117,6404,695363093
Total housing unitsn/a8,36514,23515,15010,000n/a2,640
Resident workers34910,56419,43715,15815,395366,961
For-sale units *n/a7253n/a4
Rentals **n/a127121n/a1
Top industriesn/aRetail, Construction,
Education and Social Services, Health Care
Retail,
Education and Social Services, Health Care, Waste Management Services, Manufacturing
Education and Social Services, Health Care, Waste Management Services, Manufacturing
Retail
Education and Social Services, Health Care, Waste Management Services, Manufacturing
n/aEducation and Social Services, Health Care, Waste Management Services, Manufacturing
* For-sale 60-120% AMI housing caps at approximately  $500,000.
** Rental AMI caps issued by Denver Housing Stability

As part of its B.O.L.D. 2026 initiative, the Chamber will continue to evaluate housing supply, relative to onsite jobs, with the intent of making policy recommendations that improve the volume of workforce housing in zip codes where real-time supply of income-aligned housing does not meet employer needs. 

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