Julesburg, CO is a small town located in northeastern Colorado about 40 miles east of the state capital Denver. The cost of living in Julesburg is much lower than the US average and is an ideal location for those looking for affordable housing. Rent prices for two bedroom apartments are approximately $810 compared to the national average of $1,430. Additionally, grocery costs index at 98 versus the US index at 100.
The local economy is largely agricultural and retail with several notable businesses including Julesburg Lumber Company, Pitchfork Steak Fondue Restaurant and Bar, Sunrise Cafe & Bakery, and Toretto's Pizza Parlor. Popular attractions in Julesburg include Riverside Park which offers a great outdoor area to enjoy picnics and leisurely walks as well as The Depot Museum which features historic artifacts from the area’s railroad past. There are also several annual festivals such as the Lake Lowell Festival held every August that celebrate the local culture and heritage.
Julesburg has an unemployment rate of 4.6%. The US average is 6.0%.
Julesburg has seen the job market increase by 4.4% over the last year. Future job growth over the next ten years is predicted to be 50.1%, which is higher than the US average of 33.5%.
Tax Rates for Julesburg
- The Sales Tax Rate for Julesburg is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Julesburg 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 Julesburg
- The average income of a Julesburg resident is $19,986 a year. The US average is $28,555 a year.
- The Median household income of a Julesburg resident is $36,333 a year. The US average is $69,021 a year.