Twin Lakes (Lake Cnty), CO is a great place to live for those looking for an affordable lifestyle. The average rent for a two bedroom apartment in Twin Lakes is $920, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Twin Lakes is 98 compared to 100 in the United States, making groceries a more affordable option. In addition to cost-effective living, Twin Lakes also has many local businesses such as Lake County Construction Co., The Butcher's Gate Bakery & Deli, and Rendezvous Snowmobile Tours. All of these businesses offer services that add value and convenience to residents' lives.
Twin Lakes (Lake County) has an unemployment rate of 5.4%. The US average is 6.0%.
Twin Lakes (Lake County) has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 43.8%, which is higher than the US average of 33.5%.
Tax Rates for Twin Lakes (Lake County)
- The Sales Tax Rate for Twin Lakes (Lake County) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Twin Lakes (Lake County) 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 Twin Lakes (Lake County)
- The average income of a Twin Lakes (Lake County) resident is $42,281 a year. The US average is $28,555 a year.
- The Median household income of a Twin Lakes (Lake County) resident is $58,409 a year. The US average is $69,021 a year.