Sterling, CO Metro Area is a great place to live and work with the 2 bedroom rent at $1,010 compared to the US average of $1430. The area is known for its low cost of living, with the Grocery Cost Index being 95 compared to 100 in the US. The area has many local companies such as Western Sugar Cooperative, Pilgrim's Pride, and Cargill Incorporated that provide employment opportunities and contribute to the local economy.
Sterling Metro Area has an unemployment rate of 5.5%. The US average is 6.0%.
Sterling Metro Area has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Sterling Metro Area
- The Sales Tax Rate for Sterling Metro Area is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Sterling 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 Sterling Metro Area
- The average income of a Sterling Metro Area resident is $23,533 a year. The US average is $28,555 a year.
- The Median household income of a Sterling Metro Area resident is $50,998 a year. The US average is $69,021 a year.