Gilpin County, CO Economy


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Gilpin County, CO is a small mountain town northwest of Denver. It is known for its proximity to mountains and breathtaking views. With a population of around 5,400 people, it has a quiet atmosphere that attracts visitors from all over the world. The median 2 bedroom rent in Gilpin County is slightly higher than the US median at $1,860 versus $1,430 respectively. Additionally, grocery costs are lower in Gilpin County with an index score of 98 compared with 100 across the US as a whole.
The primary industries in Gilpin County are tourism and hospitality, professional services, and retail. Some of the most popular companies in the area include Grand Adventures Tours & Outfitters, Colorado Adventure Rentals LLC., Black Hawk Trading Company Inc., and Central City Opera House Association.
In conclusion, Gilpin County offers more expensive rental rates than other areas of the US but also provides cheaper grocery costs. It is home to numerous local businesses that make up its thriving economy.

Gilpin County has an unemployment rate of 6.8%. The US average is 6.0%.

Gilpin County has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 46.4%, which is higher than the US average of 33.5%.

Tax Rates for Gilpin County
- The Sales Tax Rate for Gilpin County is 3.5%. The US average is 7.3%.
- The Income Tax Rate for Gilpin 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 Gilpin County
- The average income of a Gilpin County resident is $37,375 a year. The US average is $28,555 a year.
- The Median household income of a Gilpin County resident is $96,784 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGilpin, ColoradoUnited States
  6.86
  -4.8%-6.2%
  46.4%33.5%
  2.9%6.2%
  4.6%4.6%
  $66,627$37,638
  $96,784$69,021
  $124,556$85,028
  Population by Occupation
  0.2%1.2%
  1.0%0.5%
  4.3%6.8%
  9.7%10.0%
  0.5%2.5%
  3.4%11.0%
  3.3%4.8%
  0.0%0.8%
  5.5%1.9%
  1.6%4.7%
  1.0%1.9%
  10.5%7.6%
  0.0%0.1%
  2.2%4.2%
  11.9%9.3%
  9.8%14.0%
  17.7%2.1%
  4.5%7.0%
  4.0%4.8%
  8.8%4.7%
Health