Economy in Boulder, CO

Boulder, Colorado is a popular tourist destination due to its access to the Rocky Mountains and picturesque views. It has an incredible array of outdoor activities such as camping, hiking, skiing, and biking. The city is also home to several renowned companies such as Google, Oracle, IBM, Microsoft, Twitter, Apple and Amazon. The cost of living in Boulder is slightly higher than the national average with two bedroom rent at $2,060 compared to the US average of $1,430. Additionally, the grocery cost index in Boulder is 107 versus 100 in the US. Tourists can visit many attractions in Boulder such as Chautauqua Park for scenic hikes or take a stroll down Historic Pearl Street Mall with its shops and restaurants.

Boulder has an unemployment rate of 5.1%. The US average is 6.0%.

Boulder has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 44.4%, which is higher than the US average of 33.5%.

Tax Rates for Boulder
- The Sales Tax Rate for Boulder is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Boulder 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 Boulder
- The average income of a Boulder resident is $37,406 a year. The US average is $28,555 a year.
- The Median household income of a Boulder resident is $74,902 a year. The US average is $69,021 a year.