Commerce City, CO is a small city located north of Denver. It is home to many different businesses and services. Commerce City offers a variety of activities for residents to enjoy such as shopping, dining, entertainment, and recreation. There are several major companies that call Commerce City home including Suncor Energy, Lockheed Martin Space Systems, Great Plains Software Solutions, and Cargill Meat Solutions. When it comes to living expenses in Commerce City they are slightly higher than the US average. The average rent cost for a 2 bedroom apartment is $1,780 compared to the national average at $1,430. Grocery costs in Commerce City are also higher with an index rating of 99 versus 100 in the US on average. Overall residing in Commerce City is a great option if you’re looking for an economical area close to Denver without some of the hustle and bustle of city life.
Commerce City has an unemployment rate of 7.2%. The US average is 6.0%.
Commerce City 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 46.4%, which is higher than the US average of 33.5%.
Tax Rates for Commerce City
- The Sales Tax Rate for Commerce City is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Commerce 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 Commerce City
- The average income of a Commerce City resident is $22,889 a year. The US average is $28,555 a year.
- The Median household income of a Commerce City resident is $87,354 a year. The US average is $69,021 a year.