Atwood, CO Economy


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Atwood, CO is a charming town nestled in the Rocky Mountains. It's known for its tranquility and peaceful natural setting. The cost of living in Atwood is relatively low compared to other places in the US. The average 2 bedroom rent is $900 whereas it would be $1,430 nationally. Grocery costs are also lower with an index of 96 versus 100 in the US. There are many companies located in Atwood, such as Bluebird Restaurant, Cowboy Bar & Grill, and Atwood Motors. These local businesses provide jobs and help define the unique culture of this small mountain town.

Atwood has an unemployment rate of 5.5%. The US average is 6.0%.

Atwood has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.

Tax Rates for Atwood
- The Sales Tax Rate for Atwood is 3.9%. The US average is 7.3%.
- The Income Tax Rate for Atwood 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 Atwood
- The average income of a Atwood resident is $22,679 a year. The US average is $28,555 a year.
- The Median household income of a Atwood resident is $52,368 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAtwood, ColoradoUnited States
  5.56
  -3.5%-6.2%
  34.0%33.5%
  3.9%6.2%
  4.6%4.6%
  $28,676$37,638
  $52,368$69,021
  $52,143$85,028
  Population by Occupation
  7.5%1.2%
  0.0%0.5%
  0.0%6.8%
  6.0%10.0%
  28.4%2.5%
  6.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  19.4%4.2%
  0.0%9.3%
  4.5%14.0%
  0.0%2.1%
  0.0%7.0%
  19.4%4.8%
  9.0%4.7%
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