Colorado Springs, CO 80920 is a great place to live due to its affordability and convenience. The two bedroom rent for this area is only $1,890 which is much lower than the US average of $1,430. Additionally, the Grocery Cost index for Colorado Springs is the same as in the US at 100. There are many local companies in Colorado Springs such as The Gazette Company, Lockheed Martin Space Systems Company and Ent Credit Union. All three of these companies provide employment opportunities and great services to the Colorado Springs community.
Colorado Springs (zip 80920) has an unemployment rate of 6.8%. The US average is 6.0%.
Colorado Springs (zip 80920) 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 80920)
- The Sales Tax Rate for Colorado Springs (zip 80920) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Colorado Springs (zip 80920) 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 80920)
- The average income of a Colorado Springs (zip 80920) resident is $36,155 a year. The US average is $28,555 a year.
- The Median household income of a Colorado Springs (zip 80920) resident is $102,356 a year. The US average is $69,021 a year.