Garfield County, CO Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Garfield, CO County is a great place to live and work. It is a beautiful part of Colorado with plenty to offer in terms of outdoor activities and scenery. The local housing costs are significantly lower than the national average, at $1,360 for two-bedroom rentals compared to the US average of $1,430. Additionally, the grocery cost index in Garfield County is 6% higher than the national average, indicating that residents have access to quality food products at relatively affordable prices. Popular local companies include Roaring Fork Propane Company, Ritter Lumber Company, Alpine Bank, Grand River Health Center and High Country Beverage. Residents enjoy living in Garfield County because of its close proximity to many exciting attractions such as scenic hiking trails and ski resorts.

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

Garfield County has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 40.5%, which is higher than the US average of 33.5%.

Tax Rates for Garfield County
- The Sales Tax Rate for Garfield County is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Garfield 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 Garfield County
- The average income of a Garfield County resident is $27,022 a year. The US average is $28,555 a year.
- The Median household income of a Garfield County resident is $77,212 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGarfield, ColoradoUnited States
  66
  -6.8%-6.2%
  40.5%33.5%
  3.9%6.2%
  4.6%4.6%
  $35,608$37,638
  $77,212$69,021
  $88,408$85,028
  Population by Occupation
  2.0%1.2%
  1.8%0.5%
  14.0%6.8%
  3.2%10.0%
  2.4%2.5%
  10.3%11.0%
  4.2%4.8%
  1.6%0.8%
  1.9%1.9%
  4.0%4.7%
  3.1%1.9%
  6.0%7.6%
  0.2%0.1%
  4.7%4.2%
  7.9%9.3%
  11.0%14.0%
  3.4%2.1%
  7.8%7.0%
  6.3%4.8%
  4.2%4.7%
Health