Loveland, CO is an area with a low cost of living and high quality of life. It has fairly affordable rental prices, with the median 2 bedroom rent being $1,500 per month compared to the US median of $1,430. Grocery Cost Index in Loveland is also on par with the US, at 100. The city is home to several large companies including Oracle Corporation and Hewlett Packard Enterprise. Other notable employers in the area include Banner Health, Agilent Technologies, Colorado Group Realty and McKee Medical Center. Loveland is also known for its arts scene and its many outdoor attractions such as lakeside monuments and recreational activities at Rocky Mountain National Park and Carter Lake.
Loveland has an unemployment rate of 6.3%. The US average is 6.0%.
Loveland has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 52.1%, which is higher than the US average of 33.5%.
Tax Rates for Loveland
- The Sales Tax Rate for Loveland is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Loveland 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 Loveland
- The average income of a Loveland resident is $28,705 a year. The US average is $28,555 a year.
- The Median household income of a Loveland resident is $73,907 a year. The US average is $69,021 a year.