San Miguel County, CO Economy


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United States / Colorado / No Metro Area / San Miguel County / Cities / Zip Codes
San Miguel, CO County is a great place to live for many reasons. It has a beautiful landscape with rolling hills and plenty of outdoor activities to enjoy. Additionally, the cost of living is surprisingly affordable compared to other parts of the country. The average two-bedroom rent in San Miguel, CO County is $1,710, which is lower than the US average of $1,430. Not only that, but grocery costs are also below the national index with a score of 111 versus 100 in the US.
The area has also seen an increase in businesses moving in and opening up shop here. There are plenty of local companies such as San Miguel Technical Services and Mountain High Excavating that offer services throughout the county. In addition to businesses, visitors can explore numerous attractions like Chimney Rock National Monument or see a show at Ah Haa School for the Arts. All these features make San Miguel, CO County an attractive place to live and work!

San Miguel County has an unemployment rate of 5.4%. The US average is 6.0%.

San Miguel County has seen the job market decrease by -14.0% over the last year. Future job growth over the next ten years is predicted to be 43.8%, which is higher than the US average of 33.5%.

Tax Rates for San Miguel County
- The Sales Tax Rate for San Miguel County is 7.8%. The US average is 7.3%.
- The Income Tax Rate for San Miguel 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 San Miguel County
- The average income of a San Miguel County resident is $51,725 a year. The US average is $37,638 a year.
- The Median household income of a San Miguel County resident is $70,965 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySan Miguel, ColoradoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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