Sterling, Colorado is a great place to live for those who want affordable living costs without sacrificing on quality of life. The average two-bedroom rent in Sterling is just $980, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Sterling is 95 versus 100 in the US, proving that everyday expenses are also lower here. With its reasonable cost of living, Sterling also offers a range of local companies and amenities to its residents. Several popular employers based out of Sterling include Northeastern Junior College, Nucla-Naturita School District, and JBS Five Rivers Cattle Feeding LLC. There are also countless recreational activities to enjoy around town such as fishing at North Sterling State Park or playing a round of golf at Riverview Golf Course. With its affordability and abundance of local businesses and attractions, it’s no wonder why Sterling continues to draw more people every year!
Sterling has an unemployment rate of 5.5%. The US average is 6.0%.
Sterling has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Sterling
- The Sales Tax Rate for Sterling is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sterling 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 Sterling
- The average income of a Sterling resident is $19,935 a year. The US average is $28,555 a year.
- The Median household income of a Sterling resident is $41,234 a year. The US average is $69,021 a year.