Collbran, CO Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Collbran, CO is a small town of about 400 people located in Mesa County. It is a great place to live for those who want to enjoy the quiet countryside with a few amenities nearby. On average, the two bedroom rent in Collbran is $920 which is much lower than the average rent of $1,430 for two bedrooms in the United States. The Grocery Cost Index in Collbran is 104 versus 100 in the US which is slightly higher but still very reasonable for the area. There are several local companies that operate and thrive in Collbran such as Hansen Ranches, Don't Fence Me In Ranch, and Collbran Supply Company. All three provide many jobs along with materials and services to the local community.

Collbran has an unemployment rate of 7.2%. The US average is 6.0%.

Collbran has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.

Tax Rates for Collbran
- The Sales Tax Rate for Collbran is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Collbran 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 Collbran
- The average income of a Collbran resident is $18,725 a year. The US average is $28,555 a year.
- The Median household income of a Collbran resident is $42,083 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCollbran, ColoradoUnited States
  7.26
  -4.9%-6.2%
  38.7%33.5%
  5.3%6.2%
  4.6%4.6%
  $18,983$37,638
  $42,083$69,021
  $68,750$85,028
  Population by Occupation
  7.5%1.2%
  1.2%0.5%
  24.5%6.8%
  1.2%10.0%
  1.7%2.5%
  6.2%11.0%
  3.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  3.3%1.9%
  2.9%7.6%
  0.0%0.1%
  1.2%4.2%
  9.1%9.3%
  20.7%14.0%
  1.2%2.1%
  8.3%7.0%
  4.6%4.8%
  2.9%4.7%
Health
Compare Collbran, CO
cost of living
Compare food, housing, utilities, and more in Collbran, Colorado to any other city in the US.