Tall Timber, CO is a vibrant city with a wealth of opportunities for families and individuals alike. It boasts a low cost of living with two bedroom rents being only $2,050 compared to the US average of $1,430 and a grocery cost index of 109 compared to 100 in the US. This makes it an attractive option for those looking for affordability and convenience. \nThe local economy is bustling with many top companies providing quality jobs, such as Tall Timber Technologies, Tall Timber Power Ltd., and Tall Timber Services Inc. These businesses specialize in software development, energy production, and professional services respectively. In addition, there are numerous small businesses offering goods and services within the community that contribute to the overall economic stability of the area. With its varied offerings of both large corporations and small business enterprises, Tall Timber promises to be an excellent place to live or work for years to come.
Tall Timber has an unemployment rate of 5.5%. The US average is 6.0%.
Tall Timber has seen the job market decrease by -5.3% 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 Tall Timber
- The Sales Tax Rate for Tall Timber is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Tall Timber 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 Tall Timber
- The average income of a Tall Timber resident is $40,436 a year. The US average is $37,638 a year.
- The Median household income of a Tall Timber resident is $0 a year. The US average is $69,021 a year.