Cedaredge, CO is an attractive place to live for many people looking for a smaller city with easy access to larger cities. The average two bedroom rent in Cedaredge is $1,070 compared to the US 2 Bedroom Rent of $1,430 and the Grocery Cost Index is at an even 100:100 compared to the US. With affordable costs of living and beautiful scenery surrounding this small city, it has become a popular choice for many. Local businesses in Cedaredge include Foulk’s Market, Redden’s Shoes, Outlaw Welding & Fabrication Inc., Ranch Foods Direct, and Mathieson-Moyer Inc.
Cedaredge has an unemployment rate of 6.6%. The US average is 6.0%.
Cedaredge has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 51.3%, which is higher than the US average of 33.5%.
Tax Rates for Cedaredge
- The Sales Tax Rate for Cedaredge is 4.9%. The US average is 7.3%.
- The Income Tax Rate for Cedaredge 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 Cedaredge
- The average income of a Cedaredge resident is $24,672 a year. The US average is $37,638 a year.
- The Median household income of a Cedaredge resident is $39,605 a year. The US average is $69,021 a year.