Milliken, CO is a small town located in Weld County with a population of 6,500. It is an ideal location for those who are looking to move out of metropolitan cities while still having easy access to amenities and services. Milliken offers its residents a lower cost of living compared to other places in Colorado as evidenced by the 2 bedroom rent that is $130 less than the US average. In addition to rent, the grocery cost index in Milliken is also 1 point lower than the national average which makes living here even more affordable. As far as businesses go, there are several local companies found in Milliken such as The Milliken Mercantile, First National Bank of Colorado and more. All in all, living in Milliken offers an affordable cost of living along with several businesses that provide services to their residents.
Milliken has an unemployment rate of 6.9%. The US average is 6.0%.
Milliken 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 Milliken
- The Sales Tax Rate for Milliken is 5.4%. The US average is 7.3%.
- The Income Tax Rate for Milliken 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 Milliken
- The average income of a Milliken resident is $25,941 a year. The US average is $28,555 a year.
- The Median household income of a Milliken resident is $73,198 a year. The US average is $69,021 a year.