Durango, Colorado is a city located in La Plata County, Colorado. It has a population of 19,814 people according to the 2020 Census. Durango offers its residents an array of activities from outdoor recreation to fine dining and entertainment. The cost of living is relatively low with 2 bedroom rent averaging $1,410 compared to the US average of $1,430. Grocery Cost Index in Durango is 108 versus 100 in the US. Local companies such as Ska Brewing Company, Four Corners Brewing Company, Steamworks Brewing Company, Durango & Silverton Narrow Gauge Railroad and Museum are popular among visitors and locals alike. Durango has something for everyone!
Durango has an unemployment rate of 6.5%. The US average is 6.0%.
Durango has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 43.2%, which is higher than the US average of 33.5%.
Tax Rates for Durango
- The Sales Tax Rate for Durango is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Durango 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 Durango
- The average income of a Durango resident is $30,272 a year. The US average is $28,555 a year.
- The Median household income of a Durango resident is $68,550 a year. The US average is $69,021 a year.