Craig Metro Area, CO Economy


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United States / Colorado / Craig Metro Area / Counties / Cities / Zip Codes
Craig, CO Metro Area is located in the northwest corner of Colorado. It is a rural area that offers its residents a relaxing lifestyle and access to the great outdoors. Rent for two bedrooms is $1,080, which is significantly lower than the US average of $1,430. In addition, the Grocery Cost Index in Craig is 97 versus 100 in the US. This makes it an affordable place to live with more money left over for other expenses. Local companies include Atmos Energy Corporation, Craig Mental Health Center, and NWIRE Technologies Incorporated.

Craig Metro Area has an unemployment rate of 6.5%. The US average is 6.0%.

Craig Metro Area has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 41.2%, which is higher than the US average of 33.5%.

Tax Rates for Craig Metro Area
- The Sales Tax Rate for Craig Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Craig Metro Area 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 Craig Metro Area
- The average income of a Craig Metro Area resident is $24,623 a year. The US average is $28,555 a year.
- The Median household income of a Craig Metro Area resident is $58,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCraig, ColoradoUnited States
  6.56
  -4.3%-6.2%
  41.2%33.5%
  4.9%6.2%
  4.6%4.6%
  $29,451$37,638
  $58,583$69,021
  $72,536$85,028
  Population by Occupation
  2.5%1.2%
  10.4%0.5%
  12.2%6.8%
  3.2%10.0%
  1.2%2.5%
  9.2%11.0%
  4.1%4.8%
  4.7%0.8%
  0.7%1.9%
  1.3%4.7%
  0.8%1.9%
  3.0%7.6%
  0.0%0.1%
  2.4%4.2%
  6.0%9.3%
  15.2%14.0%
  1.2%2.1%
  8.8%7.0%
  5.9%4.8%
  7.2%4.7%
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