Glenwood Springs, CO Metro Area is an ideal place to live and work. The cost of living is slightly higher than the US average, with the 2 bedroom rent being $1,480 compared to the US average of $1,430. Grocery costs are also higher in Glenwood Springs at 112 versus 100 in the US. Businesses have flourished in this area for years with prominent companies like Alpine Bank, Canyon Group Insurance Agency, Western Slope Outdoors, and Valley View Hospital operating here. With its beautiful setting and its close proximity to many outdoor activities such as rafting and skiing - not to mention great shopping and dining - it's no wonder why so many people choose to call Glenwood Springs home.
Glenwood Springs Metro Area has an unemployment rate of 6.0%. The US average is 6.0%.
Glenwood Springs Metro Area has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 39.2%, which is higher than the US average of 33.5%.
Tax Rates for Glenwood Springs Metro Area
- The Sales Tax Rate for Glenwood Springs Metro Area is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Glenwood Springs 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 Glenwood Springs Metro Area
- The average income of a Glenwood Springs Metro Area resident is $44,771 a year. The US average is $37,638 a year.
- The Median household income of a Glenwood Springs Metro Area resident is $82,890 a year. The US average is $69,021 a year.