Sanford, CO Economy


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United States / Colorado / No Metro Area / Conejos County / Sanford / Zip Codes
Sanford, CO is a great place to live for those looking for an affordable cost of living. With a two bedroom rent of just $840, it's significantly cheaper than the US average of $1,430. Additionally, the Grocery Cost Index in Sanford is 98 compared to the US index of 100, further improving affordability. There are many local companies in this city including Sanford Landscaping, Inc., Sanford Roofing & Construction LLC and Sanford Electric Co. All three have been providing excellent services to their customers for many years.

Sanford has an unemployment rate of 5.9%. The US average is 6.0%.

Sanford has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 53.0%, which is higher than the US average of 33.5%.

Tax Rates for Sanford
- The Sales Tax Rate for Sanford is 2.9%. The US average is 7.3%.
- The Income Tax Rate for Sanford 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 Sanford
- The average income of a Sanford resident is $20,919 a year. The US average is $28,555 a year.
- The Median household income of a Sanford resident is $49,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySanford, ColoradoUnited States
  5.96
  -4.3%-6.2%
  53.0%33.5%
  2.9%6.2%
  4.6%4.6%
  $17,815$37,638
  $49,000$69,021
  $54,423$85,028
  Population by Occupation
  6.3%1.2%
  0.0%0.5%
  6.1%6.8%
  0.0%10.0%
  1.9%2.5%
  8.6%11.0%
  3.0%4.8%
  0.0%0.8%
  2.3%1.9%
  1.3%4.7%
  1.1%1.9%
  11.0%7.6%
  0.0%0.1%
  4.4%4.2%
  13.7%9.3%
  24.1%14.0%
  0.4%2.1%
  7.6%7.0%
  0.0%4.8%
  8.2%4.7%
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