Economy in Englewood, CO

Englewood, CO is a vibrant city just south of Denver, offering plenty of opportunity for new residents. With an average two bedroom rental price of $1,640, the cost of living in Englewood is slightly higher than the US average of $1,430. The Grocery Cost Index in Englewood is also slightly higher than the US average at 101 versus 100. Despite this increase in cost, there are many advantages to living in Englewood. Local companies such as Ace Hardware, At Home Furniture & Patio and Travel Centers of America offer plenty of job opportunities for residents wishing to stay in the area. Additionally, Englewood offers top-notch schools and parks that are perfect for family life.

Englewood has an unemployment rate of 6.9%. The US average is 6.0%.

Englewood 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 47.8%, which is higher than the US average of 33.5%.

Tax Rates for Englewood
- The Sales Tax Rate for Englewood is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Englewood 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 Englewood
- The average income of a Englewood resident is $28,814 a year. The US average is $28,555 a year.
- The Median household income of a Englewood resident is $72,193 a year. The US average is $69,021 a year.