Longmont, CO is an amazing place to live. With its affordable 2 bedroom rental rate of $1,710 (compared to the US average at $1,430), it's a great deal for those looking for a comfortable home. Longmont also stands out in terms of cost of living as its Grocery Cost Index is 101 compared to the US average at 100. Not only that, but Longmont is also home to many popular companies such as Vestas Wind Systems, Swift Communications, Digital Globe, and Oskar Blues Brewery. These businesses provide plenty of job opportunities for locals as well as a thriving economy that contributes to the city's growth and development.
Longmont has an unemployment rate of 6.3%. The US average is 6.0%.
Longmont has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 44.0%, which is higher than the US average of 33.5%.
Tax Rates for Longmont
- The Sales Tax Rate for Longmont is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Longmont 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 Longmont
- The average income of a Longmont resident is $29,884 a year. The US average is $28,555 a year.
- The Median household income of a Longmont resident is $83,104 a year. The US average is $69,021 a year.