Lake, CO County is a great place to live for those who are cost-conscious. The average two bedroom rent in Lake, CO County is significantly lower than the national average at $970 per month. Additionally, the grocery cost index in Lake, CO County is 98 compared to the US index which is 100. There are plenty of local companies that residents can enjoy here. These include businesses such as Skylake General Store, Arvada Pharmacy and Wellness Center, and The Running Works Store. All of these businesses offer quality goods and services for locals in Lake, CO County.
Lake County has an unemployment rate of 5.4%. The US average is 6.0%.
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 Lake County
- The Sales Tax Rate for Lake County is 6.9%. The US average is 7.3%.
- The Income Tax Rate for 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 Lake County
- The average income of a Lake County resident is $25,998 a year. The US average is $28,555 a year.
- The Median household income of a Lake County resident is $73,099 a year. The US average is $69,021 a year.