Zip 80224 (Denver, CO) Economy


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80224 Denver, CO is a great place to live for those who want to enjoy all that the city has to offer. The average two bedroom rent in this area is around $1,710, which is slightly higher than the US national average of $1,430. Local companies that rent 2 bedroom apartments include Rentcafe Apartment Locators, Denver Apartments For Rent/RentDenver, and Comfy Home Real Estate Solutions. Additionally, the Grocery Cost Index for 80224 Denver is 103 versus 100 in the US; meaning groceries are 3% more expensive than the average grocery cost nationally.

Denver (zip 80224) has an unemployment rate of 7.1%. The US average is 6.0%.

Denver (zip 80224) 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 80224)
- The Sales Tax Rate for Denver (zip 80224) is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Denver (zip 80224) 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 80224)
- The average income of a Denver (zip 80224) resident is $34,430 a year. The US average is $28,555 a year.
- The Median household income of a Denver (zip 80224) resident is $70,327 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDenver, ColoradoUnited States
  7.16
  -4.9%-6.2%
  45.0%33.5%
  8.3%6.2%
  4.8%4.6%
  $40,985$37,638
  $70,327$69,021
  $91,550$85,028
  Population by Occupation
  0.2%1.2%
  1.4%0.5%
  3.9%6.8%
  6.4%10.0%
  2.3%2.5%
  7.7%11.0%
  5.1%4.8%
  1.0%0.8%
  2.5%1.9%
  4.3%4.7%
  3.3%1.9%
  13.1%7.6%
  0.0%0.1%
  3.5%4.2%
  8.5%9.3%
  18.3%14.0%
  1.9%2.1%
  7.0%7.0%
  5.4%4.8%
  4.2%4.7%
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