States · Colorado · Arapahoe County

Watkins, Colorado.

Typical home $508,882 (-4.1% in a year). Denver-Aurora-Lakewood, CO metro.

What it costs per month · Watkins $2,671/mo

to buy the typical home at today's mortgage rate — +$1,157 (+76%) since Jan 2020.

What the home itself did
1 year
Down $21,737 -4%
$530,619$508,882 since Sep 2025
5 years
Down $14,542 -3%
$523,424$508,882 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$1,000 $2,000 $3,000 2002 2006 2010 2014 2018 2022 2026 Watkins $2,671 Colorado $2,777 United States $1,922
$1,000 $2,000 $3,000 2002 2010 2018 2026
  • Watkins$2,671
  • Colorado$2,777
  • United States$1,922

At the last five years' pace, prices here aren't rising.

Typical home values in Watkins, CO fell 4.1% over the past year — slower than the nation's +1.2%.

Living in Watkins, Arapahoe County, Colorado

Watkins, in Arapahoe County, had 682 people in the 2020 census. Half its households earn more than $158,173 a year and half less, against $101,087 across Arapahoe County; 3% of its people live below the poverty line. Unemployment in Arapahoe County was 4.6% in August 2026, and the county had 0.3% more jobs in 2025 than the year before. The most people in Arapahoe County work in schools and health care, then professional services.

People 682 in the 2020 census
Household income $158,173 the median, give or take $21,185 · Arapahoe County: $101,087
Unemployment 4.6% Arapahoe County, August 2026; 3.8% a year before
Homes Too few homes in Watkins for the Census survey to measure.

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Watkins is a very small community on the open plains east of Denver, home to fewer people than most towns of any size. Household incomes here run well above the county's, and poverty is uncommon. A typical home costs more than many buyers might expect for a place this quiet. Winters are cold, with December the coldest month, and summers are hot, with July the warmest. The year brings only a modest amount of rain and melted snow.

Work. Many residents work in schools, hospitals and social care, in professional and business services, in shops, or in banks, insurance and property. Across Arapahoe County, some of the largest workplaces are the Cherry Creek School District, the Aurora school district and MorningStar Senior Living. The typical commute is a long one, and only a small share of people work from home. Unemployment across the county is higher than it was a year ago, and the number of jobs there has grown only slightly.

Things to do. Most outings mean a longer drive into Denver. Among the best known stops are the Denver Art Museum, a museum, and the Denver Zoo, while the Denver Botanic Gardens, a botanical garden, offers a quieter day among the plantings. For a game, Empower Field at Mile High and Coors Field are both stadiums a longer drive away.

Report a mistake
  • 3%below the poverty line
  • 33 mintypical commute
  • 6%work from home

What people in Arapahoe County work in

  • Schools, hospitals and social care22%
  • Professional and business services16%
  • Shops (retail)10%
  • Banks, insurance and property9%
  • Restaurants, hotels and entertainment8%
  • Building trades8%

Employed residents by industry, from the Census survey. Arapahoe County had 340,945 jobs in 2025, 0.3% more than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in December, 44° and 18°; warmest in July, 90° and 60° 20° 40° 60° 80° J F M A M J J 90° 60° A S O N D 44° 18°
Average daily high and low for each month: coldest in December, 44° and 18°; warmest in July, 90° and 60° 20° 40° 60° 80° J F M A M J J 90° 60° A S O N D 44° 18°

Coldest in December, with highs near 44° and lows near 18°; warmest in July, with highs near 90° and lows near 60°. About 14 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Denver International Airport weather station, 10 miles away (NOAA).

Largest workplaces in Arapahoe County

  1. Cherry Creek School District No. 5 in the county of ArapahSchool district7,440FTE
  2. Aurora Joint District No. 28 of the counties of Adams and ASchool district5,408FTE
  3. MorningStar Senior LivingAssisted-living facilities with on-site nursing facilities2,800
  4. Western States Fire ProtectionFire sprinkler system installation2,400
  5. Raytheon_Aurora_CO2,032
  6. Littleton School District No. 6 in the county of ArapahoeSchool district1,809FTE
  7. Dish NetworkCentralized administrative offices1,785
  8. Swedish Medical CenterGeneral hospital1,584FTE

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 491 workplaces with 20 or more staff, 72,119 people in all across the county; Watkins has none of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. HailVery high
  2. Winter weatherRelatively high
  3. WildfireRelatively moderate
  4. TornadoesRelatively moderate
  5. LightningRelatively moderate
  6. Cold wavesRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Watkins’ census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Arapahoe County and the Denver-Aurora-Lakewood, CO metro.

Watkins home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$200,000 $400,000 $600,000 2018 2020 2022 2024 2026 Watkins $508,882 Colorado $529,013 United States $366,157
$200,000 $400,000 $600,000 2018 2022 2026
  • Watkins$508,882
  • Colorado$529,013
  • United States$366,157

Sellers are cutting prices on about 1 in 3 Watkins listings — the market is roughly in balance.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Share of listings with a price cut

The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.

25% 30% 35% 2026 Watkins 38.65% United States 26.90%
25% 30% 35% 2026
  • Watkins38.65%
  • United States26.90%

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

10 20 30 2022 2023 2024 2025 2026 Watkins 28
10 20 30 2022 2024 2026
  • Watkins28

New listings per month

Sellers arriving at the market.

4 6 8 2026 Watkins 6
4 6 8 2026
  • Watkins6

Zip codes with a Watkins address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Watkins — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Watkins