The city of Denver, Colorado (80246) has a 2 bedroom rent of $1,770 which is significantly higher than the US average of $1,430. The grocery cost index for this area is 102 versus the national average of 100. This means that groceries in 80246 are slightly more expensive than in other places. Despite the higher cost of living, Denver’s economy is thriving with major companies such as United Airlines, Molson Coors Brewing Company and Xcel Energy located within the city limits. The university presence also contributes to a vibrant job market and high quality of life making it an desirable location for many people to live.
Denver (zip 80246) has an unemployment rate of 7.1%. The US average is 6.0%.
Denver (zip 80246) 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 45.0%, which is higher than the US average of 33.5%.
Tax Rates for Denver (zip 80246)
- The Sales Tax Rate for Denver (zip 80246) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Denver (zip 80246) is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Denver (zip 80246)
- The average income of a Denver (zip 80246) resident is $32,825 a year. The US average is $28,555 a year.
- The Median household income of a Denver (zip 80246) resident is $59,238 a year. The US average is $69,021 a year.