Peoria, CO Economy


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Peoria, CO is a small town located in the state of Colorado. It has a number of local businesses and attractions that make it an ideal place to live. The average rental cost for a two bedroom apartment in Peoria is $1,540, slightly higher than the US average of $1,430. Additionally, the grocery cost index in Peoria is 101 versus 100 nationally. Some of the local businesses include the popular Italian restaurant chain Antonio's Pizza as well as Pikes Peak Powersports which is an ATV and UTV dealership. For recreation, there are multiple parks around Peoria including Pioneer Park which features walking trails and a playground. Visitors who like to shop can visit The Promenade Shops at Centerra which offers a variety of stores and restaurants to explore. All these factors make Peoria an attractive city in which to live for both residents and visitors alike.

Peoria has an unemployment rate of 6.9%. The US average is 6.0%.

Peoria has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 43.5%, which is higher than the US average of 33.5%.

Tax Rates for Peoria
- The Sales Tax Rate for Peoria is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Peoria 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 Peoria
- The average income of a Peoria resident is $36,304 a year. The US average is $28,555 a year.
- The Median household income of a Peoria resident is $48,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPeoria, ColoradoUnited States
  6.96
  -4.9%-6.2%
  43.5%33.5%
  8.0%6.2%
  4.6%4.6%
  $35,994$37,638
  $48,250$69,021
Family Median Income 85028
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