Hillrose, CO is a small town located in Morgan County. It is home to many local companies and amenities, such as the Hillrose General Store, the Hillrose Library, and the Hillrose Community Center. The cost of living in Hillrose is quite affordable compared to other towns in the area with an average two bedroom rent of $1,100 a month which is lower than the US average of $1,430. Additionally, groceries are also more affordable as evidenced by its grocery cost index of 95 versus 100 in the US. All of this makes for a great place to live and work while still being close enough to all of Colorado's attractions.
Hillrose has an unemployment rate of 5.7%. The US average is 6.0%.
Hillrose has seen the job market increase by 4.7% over the last year. Future job growth over the next ten years is predicted to be 53.4%, which is higher than the US average of 33.5%.
Tax Rates for Hillrose
- The Sales Tax Rate for Hillrose is 2.9%. The US average is 7.3%.
- The Income Tax Rate for Hillrose 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 Hillrose
- The average income of a Hillrose resident is $17,627 a year. The US average is $28,555 a year.
- The Median household income of a Hillrose resident is $51,250 a year. The US average is $69,021 a year.