Grand Junction, CO is an ideal town to call home. With a two bedroom rent of $1,150, it is more affordable than the US average of $1,430. Groceries are also relatively inexpensive in Grand Junction; its Grocery Cost Index is 102 compared to 100 in the US. The city is known for its outdoorsy lifestyle; outdoor recreation companies like Colorado Backcountry Rentals and Grand Adventures offer river trips and snowmobile tours to explore the area. Grand Junction also has an active art scene; popular local galleries include the Wild Horse Gallery and Adobe Art Gallery. The city's economy relies heavily on tourism, healthcare, government services, retail stores, food service establishments, education, construction and agriculture industries.
Grand Junction has an unemployment rate of 7.1%. The US average is 6.0%.
Grand Junction has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 41.8%, which is higher than the US average of 33.5%.
Tax Rates for Grand Junction
- The Sales Tax Rate for Grand Junction is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Grand Junction 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 Grand Junction
- The average income of a Grand Junction resident is $25,899 a year. The US average is $28,555 a year.
- The Median household income of a Grand Junction resident is $58,892 a year. The US average is $69,021 a year.