Black Hawk, CO is a small city full of outdoor activities and gorgeous mountain views. It is close to large cities like Denver and Boulder, but also has its own unique character. The two bedroom rental prices in Black Hawk are slightly higher than the US average of $1,430 per month. Grocery cost index in Black Hawk is slightly lower than the national average of 100. There are several local companies that contribute to the town’s economy such as Ameristar Casino, Monarch Casino, Gilpin County Recreation Center and Boomtown Casino. In conclusion, Black Hawk has higher rent prices than the US average but lower grocery costs with plenty to offer for its residents.
Black Hawk has an unemployment rate of 6.8%. The US average is 6.0%.
Black Hawk has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 46.4%, which is higher than the US average of 33.5%.
Tax Rates for Black Hawk
- The Sales Tax Rate for Black Hawk is 2.9%. The US average is 7.3%.
- The Income Tax Rate for Black Hawk 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 Hawk
- The average income of a Black Hawk resident is $66,933 a year. The US average is $37,638 a year.
- The Median household income of a Black Hawk resident is $49,750 a year. The US average is $69,021 a year.