Greenwood Village, CO Economy


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Greenwood Village, CO is a vibrant city located just south of Denver. It is home to many businesses and attractions, such as the Denver Tech Center which hosts a variety of technology companies including Comcast, IBM, and Lockheed Martin. The local retail shopping centers like Cherry Creek Shopping Center are popular for their upscale shops and restaurants. For entertainment, locals enjoy visiting the Fiddler's Green Amphitheatre for concerts from today's biggest acts or the El Dorado Dog Park for some quality time with their furry friends. Despite its proximity to the Mile High City, Greenwood Village offers more affordable 2 bedroom rents at around $2,260 compared to the US average of $1,430. The grocery cost index in Greenwood Village is also higher than the US average with an index of 105 versus 100 in the US.

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

Greenwood Village 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 43.5%, which is higher than the US average of 33.5%.

Tax Rates for Greenwood Village
- The Sales Tax Rate for Greenwood Village is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Greenwood Village is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Greenwood Village
- The average income of a Greenwood Village resident is $95,999 a year. The US average is $37,638 a year.
- The Median household income of a Greenwood Village resident is $129,416 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreenwood Village, ColoradoUnited States
  6.96
  -4.9%-6.2%
  43.5%33.5%
  8.0%6.2%
  4.7%4.6%
  $95,999$37,638
  $129,416$69,021
  $191,688$85,028
  Population by Occupation
  0.2%1.2%
  1.9%0.5%
  3.9%6.8%
  4.6%10.0%
  3.2%2.5%
  6.3%11.0%
  1.7%4.8%
  0.2%0.8%
  4.3%1.9%
  11.6%4.7%
  7.4%1.9%
  18.4%7.6%
  0.1%0.1%
  3.5%4.2%
  8.1%9.3%
  11.1%14.0%
  3.3%2.1%
  6.0%7.0%
  1.3%4.8%
  2.9%4.7%
Reviews for Greenwood Village
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Over 14 years ago

Living in the Denver Tech Center area of Greenwood Village is like living in downtown Denver, but with less congestion and problems. There are ample restaurants,  More

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Over 18 years ago

Could someone tell me what it's like living in Greenwood Village and/or neighboring suburbs? How big of an impact does water availability have on people living  More

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