Economy in Denver, Colorado

Denver's economy relies heavily on services such as finance, health care and education with many large employers in these sectors located in the city. Additionally, being situated near the Rocky Mountains has enabled Denver to become a hub for outdoor recreation which has helped spur job growth in recent years. Retail sales also remain an important component of Denver's economic landscape due to its vibrant cultural district which attracts visitors throughout the year.

Denver has an unemployment rate of 7.1%. The US average is 6.0%.

Denver has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 45.0%, which is higher than the US average of 33.5%.

Tax Rates for Denver
- The Sales Tax Rate for Denver is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Denver is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Denver
- The average income of a Denver resident is $34,423 a year. The US average is $28,555 a year.
- The Median household income of a Denver resident is $51,800 a year. The US average is $53,482 a year.