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.