Lone Tree, Colorado is a vibrant community located just outside of Denver. It’s known for its excellent schools, shopping centers, cultural attractions, and outdoor activities. The average rent for a two bedroom in Lone Tree is $2,330 which is higher than the US average of $1,430. The city also has a higher cost of living index with groceries costing 105 versus 100 nationwide.
The area boasts many popular businesses and attractions. Major employers such as Charles Schwab and Siemens Energy are based here while outdoor recreational centers like Sky Ridge Medical Center offer plenty of excitement. Other cultural amenities include the Lone Tree Arts Center which hosts art exhibits and performances while nearby parks such as Sweetwater Park provide hiking trails and open spaces to explore. With all that it offers, Lone Tree is an ideal place to live or visit!
Lone Tree has an unemployment rate of 5.4%. The US average is 6.0%.
Lone Tree 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 46.4%, which is higher than the US average of 33.5%.
Tax Rates for Lone Tree
- The Sales Tax Rate for Lone Tree is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lone Tree 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 Lone Tree
- The average income of a Lone Tree resident is $58,941 a year. The US average is $28,555 a year.
- The Median household income of a Lone Tree resident is $113,653 a year. The US average is $69,021 a year.