The town of Elizabeth, Colorado (80107) boasts a lower-than-average cost of living. The average two-bedroom rent in the area is $2,070 which is much lower than the US average of $1,430. Additionally, the grocery cost index is 104 versus 100 in the US, making it fairly affordable to purchase food items from local grocers. \nThere are several local companies and businesses scattered around Elizabeth. Local favorites include Isabelle’s Farm and Flea, an outdoor market that features local produce and crafts; Elizabeth Lanes Bowling Alley for fun family activities; and Wildcat Equipment Rentals for construction and heavy equipment needs. There are also plenty of restaurants like The Elizabeth Grill with delicious burgers and fries as well as Mexican spots like El Compadre Restaurant. Whatever your needs may be when visiting Elizabeth, there is something close by!
Elizabeth (zip 80107) has an unemployment rate of 4.8%. The US average is 6.0%.
Elizabeth (zip 80107) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 50.8%, which is higher than the US average of 33.5%.
Tax Rates for Elizabeth (zip 80107)
- The Sales Tax Rate for Elizabeth (zip 80107) is 3.9%. The US average is 7.3%.
- The Income Tax Rate for Elizabeth (zip 80107) 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 Elizabeth (zip 80107)
- The average income of a Elizabeth (zip 80107) resident is $35,267 a year. The US average is $28,555 a year.
- The Median household income of a Elizabeth (zip 80107) resident is $120,304 a year. The US average is $69,021 a year.