Idaho Springs, CO is a small city in Clear Creek County located just 30 miles from downtown Denver. Established in 1859 during the Colorado Gold Rush as a mining camp, it is now home to many outdoor businesses such as Adventure Paragliding, Adventure Motorcycle Tours, and the Clear Creek White Water Rafting Company. With a low rental rate of $1,510 for two-bedroom apartments compared to the US average of $1,430, Idaho Springs offers an affordable option for those looking to settle down or visit for the weekend. Grocery prices in Idaho Springs are also relatively low with a Grocery Cost Index of 99 compared to 100 nationally. Other attractions include hot springs like Indian Hot Springs Resort & Spa and Echo Mountain Park skiing and snowboarding area. With its rugged mountain terrain and unique history there's plenty to discover in this charming town!
Idaho Springs has an unemployment rate of 6.4%. The US average is 6.0%.
Idaho Springs 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 45.2%, which is higher than the US average of 33.5%.
Tax Rates for Idaho Springs
- The Sales Tax Rate for Idaho Springs is 4.6%. The US average is 7.3%.
- The Income Tax Rate for Idaho Springs 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 Idaho Springs
- The average income of a Idaho Springs resident is $25,819 a year. The US average is $28,555 a year.
- The Median household income of a Idaho Springs resident is $63,040 a year. The US average is $69,021 a year.