Collbran, Colorado is a small town of just over 1000 people located in Mesa County. The median 2 bedroom rent in Collbran is $910 which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Collbran is 104 versus 100 in the US, making it an affordable place to live.
The local economy of Collbran is mainly driven by agriculture and ranching. There are several companies that are based out of the town such as Barefoot Ranch - a cattle ranch whose livestock are raised for both commercial and recreational purposes - and Western Slope Custom Log Homes which specializes in creating custom log homes and cabins for those looking to build their dream home. Other local businesses include D&R Parrish Enterprises Inc., which offers general construction services; Fishback Garage Door Company offering garage door installation services; and the Bear Creek Guest Ranch providing horseback riding experiences.
Collbran (zip 81624) has an unemployment rate of 7.2%. The US average is 6.0%.
Collbran (zip 81624) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Collbran (zip 81624)
- The Sales Tax Rate for Collbran (zip 81624) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Collbran (zip 81624) 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 Collbran (zip 81624)
- The average income of a Collbran (zip 81624) resident is $30,449 a year. The US average is $37,638 a year.
- The Median household income of a Collbran (zip 81624) resident is $82,019 a year. The US average is $69,021 a year.