Zip 80840 (Air Force Academy, CO) Economy


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80840 Air Force Academy, CO is a small town in El Paso County with a population of over 4,000 people. It is home to the US Air Force Academy and many local businesses, including convenience stores, supermarkets, pharmacies, banks, and restaurants. The cost of living in 80840 Air Force Academy is slightly higher than the national average in regards to rental costs; 2 bedroom rentals start at around $2,150 compared to $1,430 nationally. Grocery costs in 80840 are also slightly higher than average with an index of 99 versus 100 nationally. Despite this increase in prices for basic necessities it remains an affordable place to live with plenty of amenities within reach.

Air Force Academy (zip 80840) has an unemployment rate of 6.8%. The US average is 6.0%.

Air Force Academy (zip 80840) 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 Air Force Academy (zip 80840)
- The Sales Tax Rate for Air Force Academy (zip 80840) is 5.1%. The US average is 7.3%.
- The Income Tax Rate for Air Force Academy (zip 80840) 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 Air Force Academy (zip 80840)
- The average income of a Air Force Academy (zip 80840) resident is $13,286 a year. The US average is $28,555 a year.
- The Median household income of a Air Force Academy (zip 80840) resident is $72,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAir Force Academy, ColoradoUnited States
  6.86
  -3.3%-6.2%
  48.7%33.5%
  5.1%6.2%
  4.6%4.6%
  $17,323$37,638
  $72,813$69,021
  $78,250$85,028
  Population by Occupation
  0.0%1.2%
  0.9%0.5%
  3.1%6.8%
  4.3%10.0%
  0.0%2.5%
  15.7%11.0%
  0.0%4.8%
  0.0%0.8%
  10.3%1.9%
  5.2%4.7%
  0.9%1.9%
  7.2%7.6%
  0.0%0.1%
  2.5%4.2%
  8.7%9.3%
  14.6%14.0%
  1.6%2.1%
  3.4%7.0%
  2.2%4.8%
  19.5%4.7%
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