Denver, MO is an idyllic small town located in the Midwest. It boasts a selection of local companies offering a variety of goods and services from groceries to automotive repair. Residents also enjoy a variety of amenities such as nature trails, golf courses and community centers. The cost of living in Denver is quite low compared to other parts of the country with 2 bedroom rent averaging at $790 and grocery costs being 95 compared to the US average of 100. Denver has a relaxed atmosphere where people enjoy the great outdoors while still benefiting from modern urban comforts.
Denver has an unemployment rate of 2.9%. The US average is 6.0%.
Denver has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 16.7%, which is lower than the US average of 33.5%.
Tax Rates for Denver
- The Sales Tax Rate for Denver is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Denver is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Denver
- The average income of a Denver resident is $21,471 a year. The US average is $28,555 a year.
- The Median household income of a Denver resident is $41,250 a year. The US average is $69,021 a year.