Mead, Colorado is a small town located just east of Longmont near the Front Range. Known for its beautiful scenery and outdoor activities, Mead has become an increasingly popular destination for both vacationers and young professionals. Local businesses in Mead include Bayfield Air & Heating, High Plains Carpet Care, and BT Automotive. The cost of living here is slightly higher than the US average, reflected by the two bedroom rent of $1,720 compared to the US average of $1,430. Although higher than in other areas of the country, this price still makes Mead an attractive option for those looking for affordable housing while still having access to all the amenities this wonderful city has to offer.
Mead has an unemployment rate of 6.9%. The US average is 6.0%.
Mead has seen the job market increase by 4.1% 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 Mead
- The Sales Tax Rate for Mead is 4.9%. The US average is 7.3%.
- The Income Tax Rate for Mead 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 Mead
- The average income of a Mead resident is $37,148 a year. The US average is $28,555 a year.
- The Median household income of a Mead resident is $103,375 a year. The US average is $69,021 a year.