Williamsburg, CO is a small town located about 45 minutes outside of Colorado Springs. Despite its size, it is known as an attractive destination for families looking for a strong sense of community and peace. The cost of living in Williamsburg is much lower than the US average, with 2 bedroom rent being $1,040 compared to the US 2 bedroom rent of $1,430 and a Grocery Cost Index of 98 compared to 100 in the US. \nWilliamsburg has a few local companies including Rocky Mountain Construction & Design and Blue Cat Design Group. It also boasts numerous outdoor recreational activities such as horseback riding, camping, rock climbing, hunting and fishing. In addition to these activities there are plenty of shopping and dining options available too. All in all Williamsburg is an attractive option for those looking for laid back lifestyle balanced with modern amenities.
Williamsburg has an unemployment rate of 8.4%. The US average is 6.0%.
Williamsburg 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 Williamsburg
- The Sales Tax Rate for Williamsburg is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Williamsburg 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 Williamsburg
- The average income of a Williamsburg resident is $22,355 a year. The US average is $37,638 a year.
- The Median household income of a Williamsburg resident is $44,375 a year. The US average is $69,021 a year.