Loma, CO Economy


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Loma, Colorado is a lovely rural community located in Mesa County. The city has a population of around 1,100 people and offers a variety of local businesses like Loma Water District, Grand Valley Power & Light Company, and the Canyon View Vineyard. The rent for two bedroom houses is $1,180 in Loma compared to the US average of $1,430. Additionally, the grocery cost index in Loma is 105 versus the US average of 100. All these factors make it an ideal place for people looking for a slower paced life with affordable living costs.

Loma has an unemployment rate of 7.2%. The US average is 6.0%.

Loma has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.

Tax Rates for Loma
- The Sales Tax Rate for Loma is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Loma 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 Loma
- The average income of a Loma resident is $52,220 a year. The US average is $28,555 a year.
- The Median household income of a Loma resident is $124,271 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLoma, ColoradoUnited States
  7.26
  -4.9%-6.2%
  38.7%33.5%
  5.3%6.2%
  4.6%4.6%
  $28,724$37,638
  $124,271$69,021
  $124,792$85,028
  Population by Occupation
  4.8%1.2%
  0.0%0.5%
  8.9%6.8%
  5.0%10.0%
  2.3%2.5%
  13.6%11.0%
  14.6%4.8%
  1.3%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  7.8%7.6%
  0.0%0.1%
  1.9%4.2%
  2.1%9.3%
  5.6%14.0%
  0.0%2.1%
  27.9%7.0%
  2.5%4.8%
  1.8%4.7%
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