Ophir, CO Economy


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United States / Colorado / No Metro Area / San Miguel County / Ophir / Zip Codes
Ophir, CO is a rural town known for its small-town charm and the vast outdoors. On average, rent for two bedrooms in Ophir is significantly higher than the national average, at $2,830 compared to $1,430. Prices in the area also generally tend to exceed those of other parts of the country due to a higher Grocery Cost Index of 112 versus 100 from across the US. \nThe local businesses in Ophir includes several small-town favorites such as Humble Pie Bakery & Cafe, 2 Rascals Brewery and Tap Room, and The Old Time Fiddle Shop. These three businesses offer a unique experience typical only of Ophir, making it an ideal destination for visitors looking to explore something different.

Ophir has an unemployment rate of 5.4%. The US average is 6.0%.

Ophir has seen the job market decrease by -14.0% over the last year. Future job growth over the next ten years is predicted to be 43.8%, which is higher than the US average of 33.5%.

Tax Rates for Ophir
- The Sales Tax Rate for Ophir is 4.2%. The US average is 7.3%.
- The Income Tax Rate for Ophir 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 Ophir
- The average income of a Ophir resident is $43,420 a year. The US average is $37,638 a year.
- The Median household income of a Ophir resident is $109,519 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOphir, ColoradoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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