Orchard City, CO is an up-and-coming community with a wide array of local businesses. Companies like Applewood Farms, Cowley Creek Brewery, and Orchard City Motors all offer unique products and services to those living in the area. With rent prices lower than the US average at $1,070 for a two bedroom apartment, people looking for affordable housing will likely find what they need in Orchard City. The grocery cost index for Orchard City is equal to that of the US average, making food options reasonable as well. Overall, Orchard City offers a great quality of life with plenty of opportunities for growth—all while keeping costs low compared to larger cities.
Orchard City has an unemployment rate of 6.6%. The US average is 6.0%.
Orchard City has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 51.3%, which is higher than the US average of 33.5%.
Tax Rates for Orchard City
- The Sales Tax Rate for Orchard City is 4.9%. The US average is 7.3%.
- The Income Tax Rate for Orchard City 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 Orchard City
- The average income of a Orchard City resident is $25,086 a year. The US average is $28,555 a year.
- The Median household income of a Orchard City resident is $62,885 a year. The US average is $69,021 a year.