Empire, CO is a vibrant town located in Colorado. It is known for its diverse population and stunning scenery. While rent may be slightly higher than the national average at $1,500 for two bedrooms, the town boasts an affordable grocery cost index of 96 versus 100 in the US. Empire has a number of local companies ranging from small businesses to larger corporations. Popular businesses include Empire Ranch Supermarket, Kelly's Pro Hardware Store, and Empire Bakery & Deli. With its low cost of living and wide array of services, it is no wonder that Empire continues to attract new residents and businesses each year.
Empire has an unemployment rate of 6.4%. The US average is 6.0%.
Empire has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 45.2%, which is higher than the US average of 33.5%.
Tax Rates for Empire
- The Sales Tax Rate for Empire is 9.6%. The US average is 7.3%.
- The Income Tax Rate for Empire 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 Empire
- The average income of a Empire resident is $39,853 a year. The US average is $37,638 a year.
- The Median household income of a Empire resident is $56,316 a year. The US average is $69,021 a year.