Steamboat Springs, CO Economy


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Steamboat Springs,CO is a Winter wonderland located in the Rocky Mountains. It offers endless outdoor activities like skiing, snowboarding and biking. The cost of living is on the higher side with 2 bedroom rent being $1,970 compared to US average of $1,430. Grocery Cost Index is also higher in Steamboat Springs at 105 versus the national average of 100. Some local companies in Steamboat Springs include: Steamboat Ski & Resort Corporation, Yampa Valley Electric Association Inc., and Moots Cycles which manufactures high-end mountain bikes.

Steamboat Springs has an unemployment rate of 4.8%. The US average is 6.0%.

Steamboat Springs has seen the job market increase by 4.8% over the last year. Future job growth over the next ten years is predicted to be 57.0%, which is higher than the US average of 33.5%.

Tax Rates for Steamboat Springs
- The Sales Tax Rate for Steamboat Springs is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Steamboat Springs 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 Steamboat Springs
- The average income of a Steamboat Springs resident is $36,767 a year. The US average is $28,555 a year.
- The Median household income of a Steamboat Springs resident is $80,660 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySteamboat Springs, ColoradoUnited States
  4.86
  -6.5%-6.2%
  57.0%33.5%
  8.4%6.2%
  4.6%4.6%
  $53,792$37,638
  $80,660$69,021
  $109,332$85,028
  Population by Occupation
  1.1%1.2%
  0.0%0.5%
  13.2%6.8%
  3.7%10.0%
  1.5%2.5%
  10.0%11.0%
  1.1%4.8%
  0.4%0.8%
  0.2%1.9%
  3.4%4.7%
  6.2%1.9%
  8.0%7.6%
  0.4%0.1%
  3.7%4.2%
  5.8%9.3%
  11.3%14.0%
  9.0%2.1%
  14.1%7.0%
  4.4%4.8%
  2.6%4.7%
Reviews for Steamboat Springs
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Over 10 years ago

I moved here a year ago now and I love it. I've lived all over the East Coast to date the best all around place I've lived has been Asheville North Carolina albeit until  More

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Over 13 years ago

steamboat is an excellent example of small town living. help and support when you are in need. family, community, recreation. all here for enjoying. give to the  More

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Over 14 years ago

Hey, I lived in Steamboat breifly nice town. My brother lived there 15 years. The outdoors are awesome in that area. Hunting, skiing, kayaking, fishing, etc.. The  More

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