Zip 80137 (Watkins, CO) Economy


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80137 Watkins, CO is an excellent place to live. With a 2 bedroom rent of $1,550, this is slightly more expensive than the US average of $1,430. Additionally, grocery costs are higher in Watkins with an index of 105 compared to 100 in the US. This demonstrates that overall the cost of living in Watkins is slightly higher than the national average.
The local economy is diverse and vibrant with several businesses offering goods and services including a gas station, convenience store, restaurant and bakery. There are also many job opportunities within regional trucking companies and warehouses located nearby.
In conclusion, Watkins offers a great quality of life with plenty of amenities within easy reach and access to employment opportunities. The cost of living is slightly higher than the US average but it's worth it for all that you get in return from living in this area.

Watkins (zip 80137) has an unemployment rate of 7.4%. The US average is 6.0%.

Watkins (zip 80137) 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 44.9%, which is higher than the US average of 33.5%.

Tax Rates for Watkins (zip 80137)
- The Sales Tax Rate for Watkins (zip 80137) is 3.8%. The US average is 7.3%.
- The Income Tax Rate for Watkins (zip 80137) 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 Watkins (zip 80137)
- The average income of a Watkins (zip 80137) resident is $35,185 a year. The US average is $28,555 a year.
- The Median household income of a Watkins (zip 80137) resident is $116,893 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWatkins, ColoradoUnited States
  7.46
  -5.0%-6.2%
  44.9%33.5%
  3.8%6.2%
  4.6%4.6%
  $30,710$37,638
  $116,893$69,021
  $116,750$85,028
  Population by Occupation
  3.7%1.2%
  0.0%0.5%
  15.1%6.8%
  1.8%10.0%
  3.4%2.5%
  20.8%11.0%
  3.9%4.8%
  3.5%0.8%
  1.0%1.9%
  0.6%4.7%
  0.0%1.9%
  9.9%7.6%
  0.0%0.1%
  1.6%4.2%
  5.0%9.3%
  13.0%14.0%
  0.5%2.1%
  1.9%7.0%
  3.4%4.8%
  10.8%4.7%
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