Copper Mountain, CO is a popular ski resort area located in Summit County. With its scenic mountain views and winter activities, it makes for an ideal place to live. Though the cost of living in Copper Mountain can be higher than most places, its two bedroom rent rate is still relatively low compared to other parts of the US at $3,770. Grocery costs are similarly high, with a grocery cost index of 108 versus 100 in the US.
Though it may have higher costs than many other areas, there are plenty of local companies that make Copper Mountain a desirable place to live. Companies like Ski Cooper, Woodward Copper Mountain Resort and Ten Mile Haus provide jobs to locals and offer visitors with various recreational activities. Additionally, Keystone Science School offers educational opportunities for students of all ages.
The cost of living in Copper Mountain can take some getting used to for those who are new to the area; however, there are plenty of benefits that come along with living in this popular mountain town including access to recreational activities as well as job opportunities from local companies.
Copper Mountain has an unemployment rate of 4.4%. The US average is 6.0%.
Copper Mountain has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 48.0%, which is higher than the US average of 33.5%.
Tax Rates for Copper Mountain
- The Sales Tax Rate for Copper Mountain is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Copper Mountain 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 Copper Mountain
- The average income of a Copper Mountain resident is $24,481 a year. The US average is $28,555 a year.
- The Median household income of a Copper Mountain resident is $87,625 a year. The US average is $69,021 a year.