Gleneagle, CO Economy


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Gleneagle, CO is a popular tourist destination due to its close proximity to the Rocky Mountains. It has a relatively high cost of living when compared to the US average. The average 2 bedroom rent in Gleneagle is $2,000, which is 40% higher than the US average of $1,430. Its Grocery Cost Index is also significantly higher at 103 versus the US average of 100. Companies such as hotels, rental companies, and grocery stores may benefit from this information by using it as a benchmark for pricing their services. By doing so, they can ensure that their prices are competitive with other providers in the area and attract more customers.

Gleneagle has an unemployment rate of 6.8%. The US average is 6.0%.

Gleneagle has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 48.7%, which is higher than the US average of 33.5%.

Tax Rates for Gleneagle
- The Sales Tax Rate for Gleneagle is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Gleneagle 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 Gleneagle
- The average income of a Gleneagle resident is $41,279 a year. The US average is $28,555 a year.
- The Median household income of a Gleneagle resident is $127,083 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGleneagle, ColoradoUnited States
  6.86
  -3.3%-6.2%
  48.7%33.5%
  5.1%6.2%
  4.6%4.6%
  $47,954$37,638
  $127,083$69,021
  $140,083$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.7%6.8%
  4.5%10.0%
  1.4%2.5%
  4.4%11.0%
  1.0%4.8%
  0.0%0.8%
  2.4%1.9%
  6.7%4.7%
  2.6%1.9%
  14.3%7.6%
  0.0%0.1%
  3.7%4.2%
  16.6%9.3%
  15.5%14.0%
  1.7%2.1%
  11.2%7.0%
  4.6%4.8%
  4.7%4.7%
Reviews for Gleneagle
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Over 17 years ago

As a former New Yorker, I find Colorado Springs not a good place to live. Jobs? What jobs? Minimum wage at best, regardless of your background. And even those are  More

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