Arvada, Colorado is an appealing place to live with its convenient location between Denver and Boulder. Arvada is home to several major companies, such as Oracle, Panasonic Avionics Corporation, and American Furniture Warehouse. The cost of living in Arvada is slightly higher than the national average. The median 2-bedroom rent in this area is $1,750 while the same rent nationally is $1,430 and the Grocery Cost Index here stands at 101 compared to 100 in the US. Despite these costs being slightly higher than elsewhere in the country, Arvada's proximity to other major cities allows residents access to many opportunities without leaving home.
Arvada (zip 80003) has an unemployment rate of 6.5%. The US average is 6.0%.
Arvada (zip 80003) 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 45.8%, which is higher than the US average of 33.5%.
Tax Rates for Arvada (zip 80003)
- The Sales Tax Rate for Arvada (zip 80003) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Arvada (zip 80003) 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 Arvada (zip 80003)
- The average income of a Arvada (zip 80003) resident is $27,217 a year. The US average is $28,555 a year.
- The Median household income of a Arvada (zip 80003) resident is $73,045 a year. The US average is $69,021 a year.