Denver-Aurora-Lakewood Metro Area, CO Economy


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United States / Colorado / Denver-Aurora-Lakewood Metro Area / Counties / Cities / Zip Codes
The Denver-Aurora-Lakewood, CO Metro Area is a great place to live for many reasons. The area has an average two bedroom rent of $1,860 which is much higher than the US average of $1,430. Additionally, the Grocery cost index in Denver-Aurora-Lakewood is 101 versus 100 in the US. This makes it a desirable place to live. The Denver-Aurora-Lakewood Metro Area is home to many popular companies such as Avaya, Dish Network, TeleTech Holdings and CenturyLink. There are also numerous local businesses such as Copper Kettle Brewing Company, Wynkoop Brewing Company and Fat Jack’s BBQ that have become popular destinations for locals and visitors alike.

Denver-Aurora-Lakewood Metro Area has an unemployment rate of 6.7%. The US average is 6.0%.

Denver-Aurora-Lakewood Metro Area 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 44.8%, which is higher than the US average of 33.5%.

Tax Rates for Denver-Aurora-Lakewood Metro Area
- The Sales Tax Rate for Denver-Aurora-Lakewood Metro Area is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Denver-Aurora-Lakewood Metro Area is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Denver-Aurora-Lakewood Metro Area
- The average income of a Denver-Aurora-Lakewood Metro Area resident is $47,026 a year. The US average is $37,638 a year.
- The Median household income of a Denver-Aurora-Lakewood Metro Area resident is $88,512 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDenver-Aurora-Lakewood, ColoradoUnited States
  6.76
  -4.9%-6.2%
  44.8%33.5%
  8.3%6.2%
  4.8%4.6%
  $47,026$37,638
  $88,512$69,021
  $109,734$85,028
  Population by Occupation
  0.5%1.2%
  0.7%0.5%
  7.9%6.8%
  6.7%10.0%
  2.6%2.5%
  9.9%11.0%
  4.6%4.8%
  0.8%0.8%
  3.3%1.9%
  5.9%4.7%
  2.6%1.9%
  11.6%7.6%
  0.2%0.1%
  4.3%4.2%
  8.1%9.3%
  12.1%14.0%
  2.4%2.1%
  6.6%7.0%
  4.8%4.8%
  4.4%4.7%
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