El Moro, CO is a small town located in the state of Colorado. It has an affordable cost of living compared to other parts of the United States, with a two bedroom rent costing $1,000 and a grocery cost index at 100. Local companies in El Moro include Rocky Mountain Lumber Company, Bargain Flooring USA, El Moro Pawn & Gun Shop, and Ehrlich Motors. These businesses provide services to the community such as building material supply, flooring installation services, pawn shop services and car sales.
El Moro has an unemployment rate of 8.9%. The US average is 6.0%.
El Moro has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 39.8%, which is higher than the US average of 33.5%.
Tax Rates for El Moro
- The Sales Tax Rate for El Moro is 8.4%. The US average is 7.3%.
- The Income Tax Rate for El Moro 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 El Moro
- The average income of a El Moro resident is $25,231 a year. The US average is $28,555 a year.
- The Median household income of a El Moro resident is $66,900 a year. The US average is $69,021 a year.