Colorado Springs, CO 80951 is a vibrant city with plenty of local businesses and amenities to enjoy. The two bedroom rent in the area is $2,060, which is significantly higher than the US average at $1,430. Grocery costs are also slightly higher than the national average as the Grocery Cost Index in Colorado Springs is 98 compared to 100 in the US. Despite this, there are many reasons to live in this area given its proximity to local companies such as Penrose-St. Francis Health Services and Memorial Hospital Central while also having access to a variety of amenities like the Garden of the Gods Park, Cheyenne Mountain Zoo, Seven Falls Trailhead, and The Broadmoor Golf Course.
Colorado Springs (zip 80951) has an unemployment rate of 6.8%. The US average is 6.0%.
Colorado Springs (zip 80951) has seen the job market decrease by -3.3% 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 80951)
- The Sales Tax Rate for Colorado Springs (zip 80951) is 5.1%. The US average is 7.3%.
- The Income Tax Rate for Colorado Springs (zip 80951) 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 80951)
- The average income of a Colorado Springs (zip 80951) resident is $35,136 a year. The US average is $37,638 a year.
- The Median household income of a Colorado Springs (zip 80951) resident is $82,445 a year. The US average is $69,021 a year.