Parker, Colorado is a small city located in Douglas County. It has a population of nearly 50,000 people and is known for its natural beauty, low crime rates and great schools. The city is home to many businesses including Parker Adventist Hospital, Parker Water & Sanitation District, HomeSmart Realty Group, American Furniture Warehouse and Safeway Grocery store.
The cost of living in Parker is higher than the national average with a two bedroom rental costing around $2,150 per month on average. Additionally, the grocery cost index is 103 versus 100 in the US which shows that groceries are slightly more expensive in Parker than other parts of the country. However overall it's still an affordable place to live and residents can enjoy many amenities such as several parks and trails as well as close proximity to Denver for additional entertainment options.
Parker has an unemployment rate of 5.6%. The US average is 6.0%.
Parker has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 48.9%, which is higher than the US average of 33.5%.
Tax Rates for Parker
- The Sales Tax Rate for Parker is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Parker 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 Parker
- The average income of a Parker resident is $36,763 a year. The US average is $28,555 a year.
- The Median household income of a Parker resident is $120,075 a year. The US average is $69,021 a year.