Canon City, Colorado is a picturesque city located in Pueblo County. It offers a wide range of activities and attractions that attract many visitors each year. From outdoor recreation to shopping and dining experiences, Canon City has something for everyone. Canon City is home to several local companies such as Frontier Power Company, J&S Auto Parts, and D&R Industrial Supply Co. The cost of living in Canon City is lower than the national average, with 2-bedroom rent averaging $1,030 (US 2-bedrooms rent averaging at $1,430), and grocery index at 101 compared to the US score of 100. All these factors make Canon City an appealing place to live for people from all walks of life.
Canon City has an unemployment rate of 8.4%. The US average is 6.0%.
Canon City has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Canon City
- The Sales Tax Rate for Canon City is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Canon City 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 Canon City
- The average income of a Canon City resident is $20,681 a year. The US average is $28,555 a year.
- The Median household income of a Canon City resident is $52,648 a year. The US average is $69,021 a year.