Cañon City, CO Metro Area is a great place to live. It has an affordable two-bedroom rent rate of $1,050 which is significantly less than the national average of $1,430. In addition, its Grocery Cost Index is 101 versus 100 in the US, making it an ideal spot for people looking for affordable living options. This city is home to several local businesses and organizations such as Getz Fire Protection Co., Sunrise Iron Works Inc., The Cañon City Chamber of Commerce, and Fremont Center for the Arts. There are also plenty of restaurants and entertainment venues in the area that offer something for everyone.
Canon City Metro Area has an unemployment rate of 8.4%. The US average is 6.0%.
Canon City Metro Area has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Canon City Metro Area
- The Sales Tax Rate for Canon City Metro Area is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Canon City 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 Canon City Metro Area
- The average income of a Canon City Metro Area resident is $19,161 a year. The US average is $28,555 a year.
- The Median household income of a Canon City Metro Area resident is $53,411 a year. The US average is $69,021 a year.