Palisade, CO Economy


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Palisade, CO is a small and beautiful city located just outside of Grand Junction, with an estimated population of 2,692. The cost of living in Palisade is quite affordable with a 2 bedroom house renting for around $950 while the US average is $1,430. Additionally, groceries are also relatively inexpensive at 103 versus 100 for the US as a whole. It's no wonder that Palisade has become a popular destination for locals and tourists alike.
There are several local businesses that help make Palisade the charming town that it is including Peach Street Distillers which produces award-winning spirits from locally grown fruits; Colorado Farm Country Tours which provides farm-to-table tours of local farms; Two Rivers Winery which produces wines made from grapes grown in the Colorado River Valley; and Palisade Brewing Company which serves up craft beers brewed onsite.

Palisade has an unemployment rate of 7.2%. The US average is 6.0%.

Palisade 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 38.7%, which is higher than the US average of 33.5%.

Tax Rates for Palisade
- The Sales Tax Rate for Palisade is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Palisade 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 Palisade
- The average income of a Palisade resident is $35,727 a year. The US average is $37,638 a year.
- The Median household income of a Palisade resident is $53,571 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPalisade, ColoradoUnited States
  7.26
  -4.9%-6.2%
  38.7%33.5%
  7.3%6.2%
  4.6%4.6%
  $35,727$37,638
  $53,571$69,021
  $86,250$85,028
  Population by Occupation
  4.0%1.2%
  5.0%0.5%
  15.2%6.8%
  7.4%10.0%
  2.3%2.5%
  10.4%11.0%
  3.6%4.8%
  0.5%0.8%
  0.8%1.9%
  4.6%4.7%
  1.8%1.9%
  4.8%7.6%
  0.9%0.1%
  2.7%4.2%
  8.1%9.3%
  16.0%14.0%
  0.6%2.1%
  4.8%7.0%
  5.9%4.8%
  0.6%4.7%
Reviews for Palisade
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Over 7 years ago

The Grand Valley is a beautiful area! Palisade is a nice quiet community that sits about 5 miles east of Grand Junction off I70 and is part of this valley. It is a  More

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Over 16 years ago

Palisade is a great place to live and bring up our children! Mild winters, 30 min. from ski mtn, 5 min. from swimming, nature trails, bike trails, FRESH peaches,  More

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