Colorado City, AZ is a small town with an estimated population of just over 4,400 people. It is located in Mohave County in western Arizona. The city offers a great quality of life, with plenty of local amenities and attractions. The cost of living is relatively affordable compared to other areas in the United States, with two bedroom rent averaging $1,560 compared to the US average of $1,430. Grocery costs are also more reasonable in Colorado City than elsewhere in the US, as measured by an index that stands at 97 versus 100. Local employers include Logistics Operations Inc., Grand Canyon Tour Company LLC., Nucor Steel Navajo Nation, Mohave Sun Foods Inc., and Ranger Emergency Medical Services Inc. With its moderate cost of living and employment opportunities from local businesses, Colorado City is a great place to live or visit.
Colorado City has an unemployment rate of 7.1%. The US average is 6.0%.
Colorado City has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 41.2%, which is higher than the US average of 33.5%.
Tax Rates for Colorado City
- The Sales Tax Rate for Colorado City is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Colorado City is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Colorado City
- The average income of a Colorado City resident is $9,887 a year. The US average is $37,638 a year.
- The Median household income of a Colorado City resident is $0 a year. The US average is $69,021 a year.