Air Force Academy, CO is a beautiful town nestled in the foothills of the Rocky Mountains. It is home to The United States Air Force Academy, which has been teaching cadets since its establishment in 1954. The town itself offers a variety of amenities for its residents as well as visitors. \nThe cost of living in Air Force Academy is slightly higher than the national average with two bedroom rentals at $2,080 compared to $1,430 nationally. Grocery costs are also slightly higher with an index value of 99 versus 100 nationwide. \nThe environment in Air Force Academy is great for outdoor activities- biking on trails through Garden of the Gods or hiking around Pikes Peak are just some of the many attractions nearby. Local businesses include the Military Exchange (GX) and AAFES (Army and Air Force Exchange Service), offering everything from apparel to electronics. Additionally, there are several restaurants like Sammy's Craft Burgers & Beers and Famous Pizza Joint which offer delicious local cuisine.
Air Force Academy has an unemployment rate of 6.8%. The US average is 6.0%.
Air Force Academy has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 48.7%, which is higher than the US average of 33.5%.
Tax Rates for Air Force Academy
- The Sales Tax Rate for Air Force Academy is 5.1%. The US average is 7.3%.
- The Income Tax Rate for Air Force Academy 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 Air Force Academy
- The average income of a Air Force Academy resident is $13,286 a year. The US average is $28,555 a year.
- The Median household income of a Air Force Academy resident is $72,813 a year. The US average is $69,021 a year.