Black Forest, CO is an attractive destination for individuals and families looking to relocate. It is a small suburb located just east of Colorado Springs and has many interesting attractions and amenities to offer. Local companies include Black Forest Animal Hospital, Golden Corral, Jimmy John's Gourmet Sandwiches, and Brookside Gardens.
The cost of living in Black Forest is 2 Bedroom Rent is slightly higher than the national average at $2,160 per month as compared to the US average of $1,430. The Grocery Cost Index in Black Forest is 104 versus 100 in the US. This indicates that groceries are generally more expensive in Black Forest but overall the cost of living remains relatively low when compared to other areas nearby.
Black Forest has an unemployment rate of 6.8%. The US average is 6.0%.
Black Forest 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 Black Forest
- The Sales Tax Rate for Black Forest is 5.1%. The US average is 7.3%.
- The Income Tax Rate for Black Forest 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 Black Forest
- The average income of a Black Forest resident is $44,050 a year. The US average is $28,555 a year.
- The Median household income of a Black Forest resident is $125,240 a year. The US average is $69,021 a year.