Midland, CO is a scenic and vibrant town located in the foothills of the Rocky Mountains. Prices for two bedroom rentals are slightly above the national average - at $1,600 compared to $1,430 - making it an affordable place to live. The local grocery cost index of 99 is on par with the US average of 100. With its natural beauty and diverse attractions, Midland is the perfect place to settle down or start a business. Local companies such as Midland Consulting Group, Finley's Bakery and Cafe, and Midland Technology Solutions provide jobs for local residents while contributing to the growing economy of Midland.
Midland has an unemployment rate of 5.9%. The US average is 6.0%.
Midland has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 49.8%, which is higher than the US average of 33.5%.
Tax Rates for Midland
- The Sales Tax Rate for Midland is 3.9%. The US average is 7.3%.
- The Income Tax Rate for Midland 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 Midland
- The average income of a Midland resident is $22,830 a year. The US average is $37,638 a year.
- The Median household income of a Midland resident is $0 a year. The US average is $69,021 a year.