Zip 80923 (Colorado Springs, CO) Economy


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80923 Colorado Springs, CO is a great place to live with an affordable cost of living. The average two-bedroom rent in the area is $2,080 compared to the US average of $1,430. Grocery Cost Index in 80923 Colorado Springs, CO is also lower than the US average at 99 versus 100. Local companies include Lockheed Martin Space Systems Company, University of Colorado-Colorado Springs and Amazon Fulfillment Center. Popular landmarks in 80923 Colorado Springs include Garden of Gods Park, Cheyenne Mountain Zoo and the Manitou Cliff Dwellings. With its stunning views and beautiful landscapes, 80923 Colorado Springs is an ideal place to call home.

Colorado Springs (zip 80923) has an unemployment rate of 6.8%. The US average is 6.0%.

Colorado Springs (zip 80923) 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 48.4%, which is higher than the US average of 33.5%.

Tax Rates for Colorado Springs (zip 80923)
- The Sales Tax Rate for Colorado Springs (zip 80923) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Colorado Springs (zip 80923) 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 Colorado Springs (zip 80923)
- The average income of a Colorado Springs (zip 80923) resident is $30,152 a year. The US average is $28,555 a year.
- The Median household income of a Colorado Springs (zip 80923) resident is $92,332 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColorado Springs, ColoradoUnited States
  6.86
  -3.3%-6.2%
  48.4%33.5%
  8.3%6.2%
  4.6%4.6%
  $38,636$37,638
  $92,332$69,021
  $100,680$85,028
  Population by Occupation
  0.1%1.2%
  0.2%0.5%
  4.8%6.8%
  7.8%10.0%
  1.3%2.5%
  9.0%11.0%
  3.1%4.8%
  1.1%0.8%
  1.9%1.9%
  7.4%4.7%
  1.2%1.9%
  11.8%7.6%
  0.2%0.1%
  3.1%4.2%
  10.0%9.3%
  15.4%14.0%
  2.1%2.1%
  6.0%7.0%
  5.9%4.8%
  7.6%4.7%
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