Coaldale, CO Economy


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Coaldale, CO is an affordable town located in Colorado. The two bedroom rent for the area is $1,040 which is significantly lower than the US average of $1,430. Additionally, the grocery cost index for Coaldale is 104 versus 100 in the US. This indicates that groceries are relatively cheaper in Coaldale compared to other cities. The town provides a range of amenities for its residents including local restaurants such as Coyote's Den and Ouray Brewery; outdoor activities like hiking and camping; and recreational centers like Northside Pool. There are also many local businesses such as Ouray Hardware & Supply and Coaldale Veterinary Clinic to help support the community.

Coaldale has an unemployment rate of 8.4%. The US average is 6.0%.

Coaldale has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.

Tax Rates for Coaldale
- The Sales Tax Rate for Coaldale is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Coaldale 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 Coaldale
- The average income of a Coaldale resident is $142,240 a year. The US average is $37,638 a year.
- The Median household income of a Coaldale resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCoaldale, ColoradoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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