Manitou Springs, CO is a great place to live with plenty of amenities. The rental market is very affordable with two bedroom units going for around $1,200 per month. Groceries are also relatively inexpensive in Manitou Springs as the grocery cost index hovers around 101 compared to the US average of 100. Local businesses in Manitou Springs include Iron Mountain Hot Springs, Cave of the Winds Mountain Park, Garden Of The Gods Trading Post, and many more. With its affordable rent and low cost groceries, Manitou Springs is certainly worth a visit!
Manitou Springs has an unemployment rate of 6.8%. The US average is 6.0%.
Manitou Springs has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 48.7%, which is higher than the US average of 33.5%.
Tax Rates for Manitou Springs
- The Sales Tax Rate for Manitou Springs is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Manitou 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 Manitou Springs
- The average income of a Manitou Springs resident is $49,738 a year. The US average is $37,638 a year.
- The Median household income of a Manitou Springs resident is $65,703 a year. The US average is $69,021 a year.