Branson, CO is a small town located in Colorado with a population of just over 4,500 people. The cost of living and rent in Branson are much lower than the national average. Rent for a 2 bedroom apartment in Branson costs an average of $920 per month while the US average is $1,430. Similarly, groceries cost only 93 compared to the national index of 100. The town offers many local businesses and services such as Branson Hardware Store, Sunshine Cafe, and Alpha Services LLC which provide goods and services to the local community. Additionally, there are many outdoor activities available such as camping, fishing and hiking at nearby parks. All these factors make Branson an attractive place to live for those looking for a friendly community with affordable prices and plenty of amenities.
Branson has an unemployment rate of 8.9%. The US average is 6.0%.
Branson has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 39.8%, which is higher than the US average of 33.5%.
Tax Rates for Branson
- The Sales Tax Rate for Branson is 4.4%. The US average is 7.3%.
- The Income Tax Rate for Branson 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 Branson
- The average income of a Branson resident is $21,258 a year. The US average is $28,555 a year.
- The Median household income of a Branson resident is $31,563 a year. The US average is $69,021 a year.