Pitkin, CO Economy


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United States / Colorado / No Metro Area / Gunnison County / Pitkin / Zip Codes
Pitkin, CO is a small town located in the Roaring Fork Valley near Aspen. It is known for its stunning views of the Rocky Mountains and vibrant outdoor activities like skiing, biking, and fly fishing. The town is home to several local businesses such as Pitkin County Dry Goods & Mercantile, Moondance Animal Hospital, and Pitkin Valley Dental Care. The cost of living in Pitkin is notably lower than the US average with 2 Bedroom Rent averaging $1,250 compared to $1,430 nationwide. Furthermore, grocery costs index at 106 versus 100 in the US reflecting an overall more affordable lifestyle for locals.

Pitkin has an unemployment rate of 4.7%. The US average is 6.0%.

Pitkin has seen the job market increase by 4.6% over the last year. Future job growth over the next ten years is predicted to be 57.7%, which is higher than the US average of 33.5%.

Tax Rates for Pitkin
- The Sales Tax Rate for Pitkin is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Pitkin 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 Pitkin
- The average income of a Pitkin resident is $24,782 a year. The US average is $28,555 a year.
- The Median household income of a Pitkin resident is $73,846 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPitkin, ColoradoUnited States
  4.76
  -5.5%-6.2%
  57.7%33.5%
  6.9%6.2%
  4.6%4.6%
  $23,998$37,638
  $73,846$69,021
  $74,038$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  16.1%6.8%
  21.4%10.0%
  0.0%2.5%
  5.4%11.0%
  17.9%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  23.2%1.9%
  7.1%7.6%
  0.0%0.1%
  0.0%4.2%
  1.8%9.3%
  1.8%14.0%
  5.4%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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