Colorado Springs, Colorado Economy

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Economy in Colorado Springs, Colorado

Colorado Springs has an unemployment rate of 3.3%. The US average is 3.7%.

Colorado Springs has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 48.4%, which is higher than the US average of 33.5%.

Tax Rates for Colorado Springs
- The Sales Tax Rate for Colorado Springs is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Colorado Springs 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 Colorado Springs
- The average income of a Colorado Springs resident is $29,355 a year. The US average is $28,555 a year.
- The Median household income of a Colorado Springs resident is $54,228 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

ECONOMY	Colorado Springs, Colorado	United States
	3.3%	3.7%
	4.1%	1.6%
	48.4%	33.5%
	8.3%	6.2%
	4.6%	4.6%
	$31,333	$31,177
	$58,158	$57,652
	$73,323	$70,850
POPULATION BY OCCUPATION
	0.4%	1.3%
	0.3%	0.6%
	6.6%	6.2%
	6.5%	10.4%
	2.0%	2.7%
	11.3%	11.6%
	3.0%	4.1%
	0.7%	0.9%
	2.9%	2.1%
	4.9%	4.7%
Real estate, rental, leasing	2.1%	1.9%

ECONOMY MAP

Unemployment Rate (US Avg: 5.2%)

Median HH Income (US Avg: $53k)

Recent Job Growth (US Avg: 1.59%)

Income Less Than $15k (US Avg: 12.55%)

Income Greater Than $200k (US Avg: 5.03%)

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Reviews for Colorado Springs 184 Reviews

Refreshing and Not So Conservative After All - 1/27/2021
Lots of outdoor hiking and beauty, real estate market is hot but affordable compared to the coasts. People and neighbors are for the most part very friendly, even in... Read More

Don | Colorado Springs, CO | Reply | No Replies

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Everywhere has pros and cons, COS is no exception - 12/17/2020
People who say that CO Springs has heavy traffic, bad drivers, or is congested/crowded.......have CLEARLY never lived in the true sh*thole that is Dallas, Texas - where... Read More

Allison | Colorado Springs, CO | Reply | No Replies

GOD'S COUNTRY - 11/27/2020
Lived here for almost 50 years. Love it. Am captured and captivated by our mountain range. Totally love this place, God's place, and am bound by its bountiful beauty.... Read More

Doug | Colorado Springs, CO | Reply | No Replies

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MAPS OF COLORADO SPRINGS, COLORADO

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ZIP CODES IN COLORADO SPRINGS, COLORADO

80918, 80916, 80909, 80920, 80906, 80917, 80910, 80922, 80923, 80907, ... 21 more

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