Commerce City, Colorado is located in zip code 80640. It is an area that is quickly growing due to its close proximity to downtown Denver. The 2 bedroom rental costs for this area of Colorado are much higher than the US average. This is mainly because of the abundance of local businesses and employers that offer a wide range of employment opportunities. Companies such as Anadarko Petroleum Corporation, Ball Corporation, Coors Brewing Company and Pavilion Technology make up just a few of the major corporations that have their headquarters based in Commerce City. These companies attract workers from all across the country which drives up demand for housing, resulting in higher rents. In addition to accommodation costs being much higher than nationwide averages, grocery cost index also reflects this trend with Commerce City being at 101 compared to 100 for the US as a whole.
Commerce City (zip 80640) has an unemployment rate of 7.2%. The US average is 6.0%.
Commerce City (zip 80640) has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 46.4%, which is higher than the US average of 33.5%.
Tax Rates for Commerce City (zip 80640)
- The Sales Tax Rate for Commerce City (zip 80640) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Commerce City (zip 80640) 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 Commerce City (zip 80640)
- The average income of a Commerce City (zip 80640) resident is $26,160 a year. The US average is $28,555 a year.
- The Median household income of a Commerce City (zip 80640) resident is $90,888 a year. The US average is $69,021 a year.