Woodmoor, CO is a beautiful little town with plenty of local amenities to offer. It has two bedroom rents that are higher than the US average at $2,170, which reflects the increased cost of living in this area. However, local grocery costs are great; they have an index of 103 which is higher than the US’s 100. Local businesses in Woodmoor include restaurants such as Ray's Café, grocery stores like Woodmoor Grocery Store, banks like Wells Fargo Bank, and outdoor recreation centers like Westwood Shooting Range. The cost of living here is fairly high compared to other parts of the country but it offers a lot in terms of local amenities and entertainment options.
Woodmoor has an unemployment rate of 6.8%. The US average is 6.0%.
Woodmoor has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 48.7%, which is higher than the US average of 33.5%.
Tax Rates for Woodmoor
- The Sales Tax Rate for Woodmoor is 5.1%. The US average is 7.3%.
- The Income Tax Rate for Woodmoor 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 Woodmoor
- The average income of a Woodmoor resident is $44,641 a year. The US average is $28,555 a year.
- The Median household income of a Woodmoor resident is $159,206 a year. The US average is $69,021 a year.