Cheraw, CO is a small town located in Otero County in the state of Colorado. It has a rich history and is known for its rolling plains and high desert views. The town offers plenty of amenities to its residents, including local shops, restaurants, and recreational activities. The average two bedroom rent in Cheraw, CO is $890 per month which is more affordable than the US two bedroom rent cost of $1430. Additionally, grocery costs are slightly lower with an index rating of 94 compared to 100 in the US. Some popular companies located in Cheraw include DK Plumbing & Heating Inc, Southern Colorado Construction Co., and American Printing Services LLC.
Cheraw has an unemployment rate of 7.3%. The US average is 6.0%.
Cheraw has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 45.8%, which is higher than the US average of 33.5%.
Tax Rates for Cheraw
- The Sales Tax Rate for Cheraw is 3.9%. The US average is 7.3%.
- The Income Tax Rate for Cheraw 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 Cheraw
- The average income of a Cheraw resident is $16,007 a year. The US average is $28,555 a year.
- The Median household income of a Cheraw resident is $47,500 a year. The US average is $69,021 a year.