Zip 80918 (Colorado Springs, CO) Economy


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80918 Colorado Springs, CO is a great place to live with many rental options available. The average two bedroom rent in the area is $1,540, which is slightly higher than the US average of $1,430. Additionally, the Grocery Cost Index in 80918 Colorado Springs is 98 compared to the US average of 100. Some local companies that offer rental services in this area include Peak Property Management, Chapman Homes and Properties, and eXp Realty Colorado. These companies provide a variety of rental options at competitive prices. With so many options to choose from, 80918 Colorado Springs is an ideal place for those looking for quality rentals at a great price.

Colorado Springs (zip 80918) has an unemployment rate of 6.8%. The US average is 6.0%.

Colorado Springs (zip 80918) 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 80918)
- The Sales Tax Rate for Colorado Springs (zip 80918) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Colorado Springs (zip 80918) 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 80918)
- The average income of a Colorado Springs (zip 80918) resident is $29,940 a year. The US average is $28,555 a year.
- The Median household income of a Colorado Springs (zip 80918) resident is $74,644 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColorado Springs, ColoradoUnited States
  6.86
  -3.3%-6.2%
  48.4%33.5%
  8.3%6.2%
  4.6%4.6%
  $37,733$37,638
  $74,644$69,021
  $88,396$85,028
  Population by Occupation
  0.2%1.2%
  0.3%0.5%
  7.6%6.8%
  4.8%10.0%
  1.6%2.5%
  11.7%11.0%
  2.8%4.8%
  0.9%0.8%
  2.3%1.9%
  5.5%4.7%
  3.0%1.9%
  10.1%7.6%
  0.0%0.1%
  6.2%4.2%
  9.4%9.3%
  15.1%14.0%
  1.9%2.1%
  6.6%7.0%
  6.6%4.8%
  3.3%4.7%
Reviews for Colorado Springs
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Over 18 years ago

My wife and I moved here in Jan 06 and so far we love this part of town. Prices are kind of high  More

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