Zip 81122 (Bayfield, CO) Economy


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81122 Bayfield, CO is a great place to live with plenty of amenities close by. The average two bedroom rent in 81122 Bayfield, CO is $1,730 per month which is more expensive than the US average of $1,430. Grocery costs are also slightly higher than elsewhere in the US with an index of 105 compared to 100 nationally. There are many employers in 81122 Bayfield such as Four Corners Broadcasting Corporation and Big John's Liquors & Wines, who both employ local workers. The cost of living in 81122 Bayfield can be more expensive than other areas but it comes along with the benefit of being surrounded by nature and outdoor activities like camping, fishing and skiing.

Bayfield (zip 81122) has an unemployment rate of 6.5%. The US average is 6.0%.

Bayfield (zip 81122) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 43.2%, which is higher than the US average of 33.5%.

Tax Rates for Bayfield (zip 81122)
- The Sales Tax Rate for Bayfield (zip 81122) is 4.9%. The US average is 7.3%.
- The Income Tax Rate for Bayfield (zip 81122) 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 Bayfield (zip 81122)
- The average income of a Bayfield (zip 81122) resident is $32,360 a year. The US average is $28,555 a year.
- The Median household income of a Bayfield (zip 81122) resident is $87,443 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBayfield, ColoradoUnited States
  6.56
  -6.1%-6.2%
  43.2%33.5%
  4.9%6.2%
  4.6%4.6%
  $43,886$37,638
  $87,443$69,021
  $104,786$85,028
  Population by Occupation
  2.2%1.2%
  2.8%0.5%
  9.9%6.8%
  1.5%10.0%
  2.9%2.5%
  14.1%11.0%
  3.4%4.8%
  4.3%0.8%
  3.1%1.9%
  3.4%4.7%
  2.1%1.9%
  5.8%7.6%
  0.0%0.1%
  0.8%4.2%
  8.4%9.3%
  15.8%14.0%
  2.7%2.1%
  6.6%7.0%
  5.9%4.8%
  4.4%4.7%
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