Morgan Heights, CO is a small city located on the Eastern side of Colorado. It is known for its scenic views and stunning mountain ranges. The city offers a wide range of recreational activities such as skiing, snowboarding, fishing, and camping. Additionally, Morgan Heights is home to many local businesses including Morgan Heights Auto Repair, Matthews Printing Company, and McAllister Landscaping Services. The cost of living in Morgan Heights is slightly higher than other places in Colorado; however it remains relatively low compared to other cities across the United States. Rent for two bedroom apartments averages around $1,500 per month while groceries remain competitively priced with an index score of 95 versus 100 in the US.
Morgan Heights has an unemployment rate of 5.7%. The US average is 6.0%.
Morgan Heights has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 53.4%, which is higher than the US average of 33.5%.
Tax Rates for Morgan Heights
- The Sales Tax Rate for Morgan Heights is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Morgan Heights 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 Morgan Heights
- The average income of a Morgan Heights resident is $77,850 a year. The US average is $37,638 a year.
- The Median household income of a Morgan Heights resident is $0 a year. The US average is $69,021 a year.