Genesee, CO is a small town located in the foothills of Colorado. It is known for its beautiful mountain views and vibrant community. The cost of living in Genesee is higher than the national average, with 2 bedroom rent costing $1,690 compared to the United States' $1,430 and a grocery cost index of 104 versus 100 in the US. Local companies include Timberline Sports Co., which specializes in outdoor clothing and equipment, and Blackstone Brewery, which serves up delicious craft brews. In addition to these businesses, Genesee recently hosted their annual \"Big Game\" festival for hunters from around the region. This year's event included competitions for archery skills as well as a BBQ cook-off showcasing local chefs.
Genesee has an unemployment rate of 6.3%. The US average is 6.0%.
Genesee has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 44.3%, which is higher than the US average of 33.5%.
Tax Rates for Genesee
- The Sales Tax Rate for Genesee is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Genesee 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 Genesee
- The average income of a Genesee resident is $80,059 a year. The US average is $28,555 a year.
- The Median household income of a Genesee resident is $161,971 a year. The US average is $69,021 a year.