Colorado Springs, CO is a vibrant city with a population of over 800,000. It offers many amenities and opportunities for its residents, not to mention excellent job opportunities. The 2 bedroom rent in Colorado Springs is $1,250 which is significantly lower than the US average of $1,430. Colorado Springs also has very low grocery costs, with an index of 97 compared to 100 in the US. Living costs are typically quite affordable in Colorado Springs so this makes it an ideal place for those looking to save some money while living within their means. There are plenty of local companies such as Lockheed Martin, Broadmoor Hotels & Resorts and Citizens Bank that offer excellent employment opportunities for locals. With its affordable cost of living, there's no wonder why Colorado Springs is one of the most desirable places to live in the country.
Colorado Springs (zip 80909) has an unemployment rate of 6.8%. The US average is 6.0%.
Colorado Springs (zip 80909) 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 48.4%, which is higher than the US average of 33.5%.
Tax Rates for Colorado Springs (zip 80909)
- The Sales Tax Rate for Colorado Springs (zip 80909) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Colorado Springs (zip 80909) 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 Colorado Springs (zip 80909)
- The average income of a Colorado Springs (zip 80909) resident is $21,557 a year. The US average is $28,555 a year.
- The Median household income of a Colorado Springs (zip 80909) resident is $49,965 a year. The US average is $69,021 a year.