Mineral, CO County is an area with plenty of potential and a great cost of living. Rent for 2 bedroom apartments is relatively inexpensive at $1,180 compared to the US average of $1,430. Grocery costs have an index of 106 compared to the US which is 100 so food is also affordable in Mineral County. The county has many local businesses ranging from mining companies such as Golden Minerals Company and Energy Fuels Inc., to outdoor recreation companies like Johnson Outdoor Adventures and Elk River Guiding Co. There are plenty of opportunities to explore the outdoors as well as take advantage of the affordable living costs in Mineral County.
Mineral County has an unemployment rate of 5.4%. The US average is 6.0%.
Mineral County has seen the job market decrease by -13.0% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Mineral County
- The Sales Tax Rate for Mineral County is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Mineral 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 Mineral County
- The average income of a Mineral County resident is $33,849 a year. The US average is $37,638 a year.
- The Median household income of a Mineral County resident is $55,556 a year. The US average is $69,021 a year.