Montrose, CO Metro Area is a great place to live and work. It has an affordable cost of living compared to the US average, with 2 bedroom rent costing $1,120 versus $1,430 nationally. Additionally, grocery costs are quite reasonable as well; the area’s Grocery Cost Index is 103 compared to the US average of 100. There are many local companies in Montrose that offer great job opportunities including EnCana Oil & Gas USA Inc., City Market Grocery Company, Black Canyon Home Care Agency, and Conti Solar. The area is also home to several top-notch schools like Montrose High School and Montrose Middle School.
Montrose Metro Area has an unemployment rate of 6.3%. The US average is 6.0%.
Montrose Metro Area has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 55.9%, which is higher than the US average of 33.5%.
Tax Rates for Montrose Metro Area
- The Sales Tax Rate for Montrose Metro Area is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Montrose 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 Montrose Metro Area
- The average income of a Montrose Metro Area resident is $32,525 a year. The US average is $37,638 a year.
- The Median household income of a Montrose Metro Area resident is $58,551 a year. The US average is $69,021 a year.