Colorado, KS is a small municipality located in the Midwest. It offers residents and visitors a peaceful atmosphere with plenty of opportunities for leisure activities. The cost of living in Colorado, KS is not too high; two bedroom rents range around 710 dollars a month while the US average is 1,430 dollars. Grocery cost index in Colorado, KS is 90 compared to 100 in the US. Local companies include manufacturing and agriculture businesses such as Dairy Farmers Co-Op and Sunland Manufacturing Products Inc. Other businesses are located around Colorado such as Walmart, Lowe's and El Rancho Supermarket. These stores offer daily life necessities at an affordable rate for locals and visitors alike.
Colorado has an unemployment rate of 2.5%. The US average is 6.0%.
Colorado has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 14.0%, which is lower than the US average of 33.5%.
Tax Rates for Colorado
- The Sales Tax Rate for Colorado is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Colorado is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Colorado
- The average income of a Colorado resident is $21,727 a year. The US average is $37,638 a year.
- The Median household income of a Colorado resident is $45,417 a year. The US average is $69,021 a year.