Silt, CO is a small town located in Garfield County and part of the larger Grand Valley area. This charming town offers great amenities for its residents, including restaurants, shopping centers, parks and recreational activities. The cost of living in Silt is considered to be relatively affordable with 2 bedroom rent averaging at $1,600 compared to the US average of $1,430. It also has a high grocery cost index which is 105 versus 100 for the US. A few notable companies that are based in Silt include Red Canyon Logistics and R&R Trucking.
Living in Silt provides many benefits to its citizens. It has beautiful mountain views, outdoor opportunities such as biking and hiking trails nearby as well as easy access to many major cities like Denver and Aspen. For those who are looking for an affordable place to live with numerous outdoor activities available, Silt may be just the perfect fit!
Silt has an unemployment rate of 6.0%. The US average is 6.0%.
Silt has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 40.5%, which is higher than the US average of 33.5%.
Tax Rates for Silt
- The Sales Tax Rate for Silt is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Silt 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 Silt
- The average income of a Silt resident is $27,694 a year. The US average is $37,638 a year.
- The Median household income of a Silt resident is $66,250 a year. The US average is $69,021 a year.