Cotopaxi, Colorado (81223) is an excellent place to live with a 2 Bedroom Rent of $1,030 and Grocery Cost Index of 100, which are substantially lower than the US averages of $1,430 and 100 respectively. Home to only about 200 people, Cotopaxi offers all the charm of small town living combined with the convenience of modern amenities. The local businesses in Cotopaxi offer services at reasonable prices with some of them including; Big Momma's Cafe & Bakery for delicious home-cooked meals; Turnell's Tractor Repair for reliable repairs on farm machinery; and John's General Store for groceries and household items. These businesses are part of the backbone of the community and provide great value at affordable prices.
Cotopaxi (zip 81223) has an unemployment rate of 8.4%. The US average is 6.0%.
Cotopaxi (zip 81223) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Cotopaxi (zip 81223)
- The Sales Tax Rate for Cotopaxi (zip 81223) is 5.4%. The US average is 7.3%.
- The Income Tax Rate for Cotopaxi (zip 81223) 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 Cotopaxi (zip 81223)
- The average income of a Cotopaxi (zip 81223) resident is $24,090 a year. The US average is $28,555 a year.
- The Median household income of a Cotopaxi (zip 81223) resident is $38,634 a year. The US average is $69,021 a year.