Ward, CO Economy


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Ward, CO is a small town located in the foothills of Colorado. This idyllic community has many attractions that make it an ideal place to live for those seeking a peaceful escape from urban life. While Ward may be small, it still provides plenty of amenities and opportunities for residents. There are numerous local businesses ranging from family-owned restaurants and boutique stores to larger chains such as Target and Walmart. Furthermore, Ward boasts a low cost of living with a two bedroom rent being $2140 compared to the US average of $1430, and grocery cost index also at 100 versus 100 in the US. Overall, Ward is a great place to settle down into if peace and affordability are important factors in your decision making process.

Ward has an unemployment rate of 5.5%. The US average is 6.0%.

Ward 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 Ward
- The Sales Tax Rate for Ward is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Ward 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 Ward
- The average income of a Ward resident is $31,740 a year. The US average is $28,555 a year.
- The Median household income of a Ward resident is $29,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWard, ColoradoUnited States
  5.56
  -5.3%-6.2%
  44.6%33.5%
  5.0%6.2%
  4.6%4.6%
  $28,059$37,638
  $29,063$69,021
  $76,875$85,028
  Population by Occupation
  3.4%1.2%
  0.0%0.5%
  10.3%6.8%
  0.0%10.0%
  6.9%2.5%
  27.6%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  13.8%9.3%
  3.4%14.0%
  0.0%2.1%
  13.8%7.0%
  20.7%4.8%
  0.0%4.7%
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