Zip 80908 (Black Forest, CO) Economy


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80908 Black Forest, CO is a vibrant and scenic community located in El Paso County. With gorgeous views of Pikes Peak and the surrounding mountain range, this area has become an increasingly popular destination for folks looking to relocate. The cost of living here is also attractive, with 2 bedroom rents averaging at just $2,270 compared to the national average of $1,430. Grocery costs are slightly higher than the U.S average index rating at 104 versus 100. The local economy is bolstered by companies such as Wal-Mart, Lowe’s Home Improvement and Safeway who all provide great employment opportunities in the town itself as well as nearby cities like Colorado Springs.

Black Forest (zip 80908) has an unemployment rate of 6.8%. The US average is 6.0%.

Black Forest (zip 80908) has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 48.7%, which is higher than the US average of 33.5%.

Tax Rates for Black Forest (zip 80908)
- The Sales Tax Rate for Black Forest (zip 80908) is 5.1%. The US average is 7.3%.
- The Income Tax Rate for Black Forest (zip 80908) 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 Black Forest (zip 80908)
- The average income of a Black Forest (zip 80908) resident is $43,332 a year. The US average is $28,555 a year.
- The Median household income of a Black Forest (zip 80908) resident is $120,204 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBlack Forest, ColoradoUnited States
  6.86
  -3.3%-6.2%
  48.7%33.5%
  5.1%6.2%
  4.6%4.6%
  $51,048$37,638
  $120,204$69,021
  $133,979$85,028
  Population by Occupation
  0.1%1.2%
  0.5%0.5%
  8.5%6.8%
  7.1%10.0%
  2.2%2.5%
  9.2%11.0%
  3.0%4.8%
  1.3%0.8%
  2.3%1.9%
  4.9%4.7%
  2.8%1.9%
  12.7%7.6%
  0.1%0.1%
  2.9%4.2%
  7.5%9.3%
  18.7%14.0%
  1.3%2.1%
  3.6%7.0%
  5.2%4.8%
  6.3%4.7%
Health