Zip 80538 (Loveland, CO) Economy


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Loveland, Colorado (80538) is a great place to call home. It's a city that offers something for everyone with many local companies and amenities. The average two-bedroom rent in Loveland is $1,600 per month which is slightly higher than the US average of $1,430 per month. Grocery costs index in Loveland is 100 compared to the US index of 100 as well.
In Loveland, there are many places to work and activities to enjoy. Companies like Banner Health, Agrium, Otterbox, Agilent Technologies Inc., and GE Johnson Construction provide plenty of job opportunities while locals can shop at Walmart or Target and enjoy outdoor activities at places like Lake Loveland Park or Devil's Backbone Open Space. There are also numerous restaurants in town such as La Cocina de Mama, Smashburger, Ichiban Japanese Steakhouse & Sushi Bar, and Austin’s American Grill.

Loveland (zip 80538) has an unemployment rate of 6.3%. The US average is 6.0%.

Loveland (zip 80538) 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 52.1%, which is higher than the US average of 33.5%.

Tax Rates for Loveland (zip 80538)
- The Sales Tax Rate for Loveland (zip 80538) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Loveland (zip 80538) 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 Loveland (zip 80538)
- The average income of a Loveland (zip 80538) resident is $31,275 a year. The US average is $28,555 a year.
- The Median household income of a Loveland (zip 80538) resident is $78,698 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLoveland, ColoradoUnited States
  6.36
  -4.6%-6.2%
  52.1%33.5%
  6.7%6.2%
  4.6%4.6%
  $38,358$37,638
  $78,698$69,021
  $94,397$85,028
  Population by Occupation
  0.7%1.2%
  0.7%0.5%
  7.1%6.8%
  8.3%10.0%
  2.2%2.5%
  13.7%11.0%
  4.4%4.8%
  0.9%0.8%
  1.7%1.9%
  4.0%4.7%
  3.2%1.9%
  9.4%7.6%
  0.2%0.1%
  3.8%4.2%
  7.1%9.3%
  14.5%14.0%
  1.4%2.1%
  6.6%7.0%
  5.4%4.8%
  4.7%4.7%
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