Mancos, CO is a small town in the southwestern region of Colorado that offers an array of scenic landscapes and outdoor activities. The town is home to several local companies such as Mancos Valley Distillery, Mancos River Brewery, and West End Taphouse & Grill. The cost of living in Mancos, CO is relatively low compared to other parts of Colorado and the United States due to its lower rent costs and grocery cost index. For example, the 2 bedroom rent in Mancos is $1,090 whereas it's $1,430 in the US. Additionally, the grocery cost index in Mancos is 104 versus 100 in the US. This means that overall living expenses are slightly lower than what you'd find elsewhere. All these factors make Mancos an attractive location for young professionals or retirees looking for a more affordable lifestyle while still being able to enjoy natural beauty and local amenities.
Mancos has an unemployment rate of 7.4%. The US average is 6.0%.
Mancos has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 42.7%, which is higher than the US average of 33.5%.
Tax Rates for Mancos
- The Sales Tax Rate for Mancos is 3.3%. The US average is 7.3%.
- The Income Tax Rate for Mancos 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 Mancos
- The average income of a Mancos resident is $23,772 a year. The US average is $28,555 a year.
- The Median household income of a Mancos resident is $57,024 a year. The US average is $69,021 a year.