Center, CO is a small town located in the mountains of Colorado. As a result, the cost of living is quite affordable for those looking to settle down here. The average 2 bedroom rent in Center, CO is $920 while the national average is $1,430. Additionally, the Grocery Cost Index in Center, CO is 96 compared to 100 nationally. The low cost of living makes this an attractive location for businesses and residents alike. Popular local companies include Snowy Mountain Mining Company and Rocky Mountain Health Foods. With its proximity to nature and affordability, Center, CO remains an attractive location for all who visit.
Center has an unemployment rate of 6.8%. The US average is 6.0%.
Center has seen the job market increase by 7.3% over the last year. Future job growth over the next ten years is predicted to be 65.2%, which is higher than the US average of 33.5%.
Tax Rates for Center
- The Sales Tax Rate for Center is 3.9%. The US average is 7.3%.
- The Income Tax Rate for Center 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 Center
- The average income of a Center resident is $14,579 a year. The US average is $28,555 a year.
- The Median household income of a Center resident is $45,475 a year. The US average is $69,021 a year.