Sugarloaf, CO is a small town in the Rocky Mountains that is becoming increasingly popular due to its natural beauty and relative affordability. For those who are looking to live here, rent for a two bedroom apartment is $2,050 while the US average is only $1,430. The Grocery Cost Index (GCI) of Sugarloaf is 109 versus 100 in the US, indicating that groceries may be slightly more expensive than other areas. Sugarloaf has several local companies such as Sunlight Mountain Resort for outdoor adventures and Hayden Outdoors for real estate services. Residents can also enjoy an array of fine dining at restaurants such as the Loaf n' Jug Deli & Bakery or the Brick Oven Pizza Co.
Sugarloaf has an unemployment rate of 5.5%. The US average is 6.0%.
Sugarloaf has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 44.6%, which is higher than the US average of 33.5%.
Tax Rates for Sugarloaf
- The Sales Tax Rate for Sugarloaf is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Sugarloaf 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 Sugarloaf
- The average income of a Sugarloaf resident is $46,428 a year. The US average is $28,555 a year.
- The Median household income of a Sugarloaf resident is $88,958 a year. The US average is $69,021 a year.