Johnstown, CO Economy


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Johnstown, CO is a small town situated in the Northern Colorado area. It is a quaint, close-knit community with a population of just over 8,000 people. The average 2-bedroom rent in Johnstown is $1,930 which is slightly higher than the US average at $1,430. The grocery cost index in Johnstown hovers around 100 which is also even with the national average.
For those who live in Johnstown there are many local businesses to choose from. There are several independent restaurants such as Bantam Burger or Pizza King and larger chain restaurants like McDonald’s and Applebee’s. For shopping there are stores like Walmart Supercenter and Kohl’s Department Store. In addition, some major employers located in the area include UCHealth Medical Center of the Rockies and Colorado Plains Medical Center.
Johnstown offers plenty of fun activities for residents and visitors alike. Outdoor enthusiasts can take advantage of various parks including Izaak Walton Park which features hiking trails that run along side the North Fork River or Reed Lake Park which has a fishing pond stocked with rainbow trout and Kokanee Salmon. History buffs will love learning about old western culture at Centennial Village Museum while art aficionados can appreciate the local artwork at Art Works Gallery & Studio. With so much to do, it’s no wonder why so many people call Johnstown home!

Johnstown has an unemployment rate of 6.9%. The US average is 6.0%.

Johnstown has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 50.1%, which is higher than the US average of 33.5%.

Tax Rates for Johnstown
- The Sales Tax Rate for Johnstown is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Johnstown is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Johnstown
- The average income of a Johnstown resident is $31,913 a year. The US average is $28,555 a year.
- The Median household income of a Johnstown resident is $109,395 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJohnstown, ColoradoUnited States
  6.96
  -6.1%-6.2%
  50.1%33.5%
  5.9%6.2%
  4.6%4.6%
  $43,513$37,638
  $109,395$69,021
  $124,330$85,028
  Population by Occupation
  3.8%1.2%
  3.9%0.5%
  7.8%6.8%
  10.0%10.0%
  4.1%2.5%
  14.2%11.0%
  4.2%4.8%
  2.3%0.8%
  1.7%1.9%
  1.9%4.7%
  2.7%1.9%
  10.1%7.6%
  0.5%0.1%
  1.7%4.2%
  5.3%9.3%
  13.9%14.0%
  0.2%2.1%
  3.6%7.0%
  5.1%4.8%
  3.0%4.7%
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