Lochbuie, CO is a small community located in the northern part of Colorado. Despite its small size, it has a lot to offer residents who are interested in an affordable and peaceful place to live. The average rent for a two-bedroom apartment is $1,620 which is much lower than the U.S. average of $1,430. Additionally, the cost of groceries is even with that of the United States as a whole with an index score of 100 for both locations.
The town features plenty of employment opportunities due to the presence of local companies such as Walmart Distribution Center, Twin Peaks Logistics Inc., Lockwood Logistics Services LLC, Blaylock Oil Company Inc., and S&R Masonry & Construction LLC. All these companies provide job security plus competitive wages making Lochbuie one of the best places to start a career or raise a family.
When considering Lochbuie there are many advantages and some disadvantages to take into consideration. On one hand, living costs are more affordable than in other areas; plus Lochbuie offers high quality education with access to top rated schools and universities in nearby towns like Denver and Boulder County. On the other hand, although safety measures have improved over time crime rates are still higher than those found in larger cities like Denver or Jefferson counties so prospective residents should always exercise caution when living in Lochbuie.
Lochbuie has an unemployment rate of 6.9%. The US average is 6.0%.
Lochbuie has seen the job market decrease by -6.1% 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 Lochbuie
- The Sales Tax Rate for Lochbuie is 4.8%. The US average is 7.3%.
- The Income Tax Rate for Lochbuie 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 Lochbuie
- The average income of a Lochbuie resident is $30,405 a year. The US average is $37,638 a year.
- The Median household income of a Lochbuie resident is $76,240 a year. The US average is $69,021 a year.