Chaffee County, CO Economy


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United States / Colorado / No Metro Area / Chaffee County / Cities / Zip Codes
Chaffee County, Colorado is a great place to live for those looking for a peaceful and relaxing atmosphere. It is located in the heart of the Rocky Mountains with stunning mountainous views that can be seen from every angle. There are plenty of outdoor activities to keep residents busy such as hiking, fishing, biking and skiing. The cost of living in Chaffee County is relatively low compared to the US average with an average 2 bedroom rent costing $1,180 per month versus $1430 nationwide. In addition, grocery costs are lower than the US too with an index rating of 101 compared to 100 nationally. Local businesses include Monarch Mountain Ski Resort, Arkansas Valley Adventures, Eddyline Brewery & Restaurant and The Brown Dog Coffee Co. Residents also enjoy excellent amenities such as the Salida Hot Springs Pool and Arkansas Headwaters Recreation Area which offer something for everyone!

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

Chaffee County has seen the job market increase by 3.7% over the last year. Future job growth over the next ten years is predicted to be 56.5%, which is higher than the US average of 33.5%.

Tax Rates for Chaffee County
- The Sales Tax Rate for Chaffee County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Chaffee 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 Chaffee County
- The average income of a Chaffee County resident is $27,467 a year. The US average is $28,555 a year.
- The Median household income of a Chaffee County resident is $61,216 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChaffee, ColoradoUnited States
  5.56
  -4.4%-6.2%
  56.5%33.5%
  5.7%6.2%
  4.6%4.6%
  $34,290$37,638
  $61,216$69,021
  $76,750$85,028
  Population by Occupation
  1.9%1.2%
  0.0%0.5%
  11.2%6.8%
  2.6%10.0%
  1.8%2.5%
  10.1%11.0%
  4.7%4.8%
  0.4%0.8%
  2.0%1.9%
  4.6%4.7%
  1.6%1.9%
  10.7%7.6%
  0.0%0.1%
  2.8%4.2%
  6.7%9.3%
  11.2%14.0%
  4.3%2.1%
  14.3%7.0%
  3.7%4.8%
  5.5%4.7%
Health