Paoli, CO Economy


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United States / Colorado / No Metro Area / Phillips County / Paoli / Zip Codes
Located in Fremont County, Paoli, Colorado is a small and tranquil city with breathtaking views of the Sangre de Cristo Mountains and the Wet Mountain Valley. Home to a population of around 300 people, Paoli is a great place for those looking to enjoy a peaceful lifestyle in the Rocky Mountain region. The 2 bedroom rent in Paoli costs $1,010 on average - significantly lower than the US average of $1,430. Additionally, grocery costs are also lower in Paoli with an index of 98 compared to 100 nationwide. Local companies in this area include Paoli Lumber & Hardware Inc., Valley Veterinary Clinic, and Out West Realty & Management Inc. Overall, Paoli offers an affordable and relaxed lifestyle that appeals to many families and individuals looking for a simpler way of life.

Paoli has an unemployment rate of 4.0%. The US average is 6.0%.

Paoli has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 56.7%, which is higher than the US average of 33.5%.

Tax Rates for Paoli
- The Sales Tax Rate for Paoli is 3.9%. The US average is 7.3%.
- The Income Tax Rate for Paoli 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 Paoli
- The average income of a Paoli resident is $20,380 a year. The US average is $37,638 a year.
- The Median household income of a Paoli resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPaoli, ColoradoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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