El Paso County in Colorado is a great place to live. It offers an affordable cost of living with a two bedroom rent at $1,480 and a grocery cost index of 99 as opposed to the US average of 100. The county boasts a high quality health care system and great educational opportunities with local universities like University of Colorado Colorado Springs and Pikes Peak Community College. The job market is also booming, with companies such as Lockheed Martin, Amazon, and Vectrus headquartered in El Paso County. With plenty of outdoor recreation available and a close proximity to Denver, El Paso County is an excellent place to call home.
El Paso County has an unemployment rate of 6.8%. The US average is 6.0%.
El Paso County has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 48.7%, which is higher than the US average of 33.5%.
Tax Rates for El Paso County
- The Sales Tax Rate for El Paso County is 7.4%. The US average is 7.3%.
- The Income Tax Rate for El Paso 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 El Paso County
- The average income of a El Paso County resident is $37,619 a year. The US average is $37,638 a year.
- The Median household income of a El Paso County resident is $75,909 a year. The US average is $69,021 a year.