Zip 80720 (Akron, CO) Economy


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United States / Colorado / No Metro Area / Washington County / Akron / Akron (zip 80720)
Akron, Colorado is a small but vibrant town located in the plains of northeastern Colorado. The city has a population of about 80720 people, and is best known for its agricultural production as well as its friendly locals. Rent for 2 bedroom apartments in Akron averages around $990, which is lower than the national average of $1,430. Grocery costs are also lower at 95 compared to 100 nationally.
The city contains several local companies that serve the community, including Akron Hardware Mart, a hardware store with supplies for your home improvement projects; Carver's Garage & Tire Center, an automotive repair shop and tire center; and Gunther's Pharmacy & Drug Store, a full-service pharmacy and drug store. Akron also has some unique attractions such as The Barley Brothers Tavern & Grill, a local bar with live music and great food; JT's Ice Cream Parlor where you can grab an ice cream cone or a delicious milkshake; and Olpin Family Farms which offers hayrides through their farm during fall months.

Akron (zip 80720) has an unemployment rate of 3.2%. The US average is 6.0%.

Akron (zip 80720) has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 55.2%, which is higher than the US average of 33.5%.

Tax Rates for Akron (zip 80720)
- The Sales Tax Rate for Akron (zip 80720) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Akron (zip 80720) 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 Akron (zip 80720)
- The average income of a Akron (zip 80720) resident is $23,717 a year. The US average is $28,555 a year.
- The Median household income of a Akron (zip 80720) resident is $50,758 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAkron, ColoradoUnited States
  3.26
  -4.0%-6.2%
  55.2%33.5%
  6.9%6.2%
  4.6%4.6%
  $29,230$37,638
  $50,758$69,021
  $56,452$85,028
  Population by Occupation
  10.8%1.2%
  0.2%0.5%
  11.4%6.8%
  6.2%10.0%
  7.0%2.5%
  6.1%11.0%
  2.9%4.8%
  3.0%0.8%
  1.7%1.9%
  6.8%4.7%
  0.0%1.9%
  2.2%7.6%
  0.0%0.1%
  1.6%4.2%
  9.5%9.3%
  9.4%14.0%
  0.4%2.1%
  3.8%7.0%
  2.6%4.8%
  14.5%4.7%
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