Denver's 80216 zip code is an ideal place to rent. Located in the heart of Denver, 80216 offers easy access to local businesses and attractions such as the Pepsi Center, Coors Field, and Elitch Gardens. The average two-bedroom rent in this area is $1,970 per month, making it more affordable than the overall US rental rate of $1,430 per month. Additionally, the Grocery Cost Index for this zip code is 98 versus 100 nationally - a great deal for budget conscious shoppers. In terms of local businesses, this area has a variety of options ranging from small independently owned restaurants like Little India Café and the award-winning Indian Restaurant to larger establishments like 7-Eleven and Target. With its central location and reasonable cost of living 80216 Denver is an attractive option for anyone looking for a rental home.
Denver (zip 80216) has an unemployment rate of 7.1%. The US average is 6.0%.
Denver (zip 80216) 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 45.0%, which is higher than the US average of 33.5%.
Tax Rates for Denver (zip 80216)
- The Sales Tax Rate for Denver (zip 80216) is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Denver (zip 80216) is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Denver (zip 80216)
- The average income of a Denver (zip 80216) resident is $13,433 a year. The US average is $28,555 a year.
- The Median household income of a Denver (zip 80216) resident is $69,894 a year. The US average is $69,021 a year.