Hoehne, CO Economy


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United States / Colorado / No Metro Area / Las Animas County / Hoehne / Zip Codes
Hoehne, CO is a small town offering an affordable cost of living. With a two-bedroom rent of $1,000 compared to the US average of $1,430, it is an ideal place for those looking for more value from their money. Not only that, but its Grocery Cost Index is also the same as in the US at 100. Several companies are based in Hoehne such as Landmark Equipment and Midway Supply Co., providing locals with employment opportunities while allowing them to stay close to home. Overall, Hoehne offers a balance between affordability and convenience making it an attractive small town for those wishing to settle down.

Hoehne has an unemployment rate of 8.9%. The US average is 6.0%.

Hoehne has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 39.8%, which is higher than the US average of 33.5%.

Tax Rates for Hoehne
- The Sales Tax Rate for Hoehne is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Hoehne 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 Hoehne
- The average income of a Hoehne resident is $24,934 a year. The US average is $37,638 a year.
- The Median household income of a Hoehne resident is $61,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHoehne, ColoradoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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