Zip 80247 (Denver, CO) Economy


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80247 Denver, CO is an up and coming area that offers a variety of amenities for its residents. The 2 bedroom rent in this area is $1,790 which is higher than the US average of $1,430. This difference reflects the overall cost of living in 80247 Denver which is higher than many other areas due to its connectivity to the city centre and popular businesses. Companies such as Boa Technologies, Allstate Insurance, and L3Harris are some of the largest employers in 80247 Denver. The grocery cost index in this area is 97 versus 100 in the US which shows it to be slightly cheaper than other places. Overall, 80247 Denver is an excellent place to live with a diverse economy and affordable costs if you compare it to other metro areas.

Denver (zip 80247) has an unemployment rate of 7.1%. The US average is 6.0%.

Denver (zip 80247) 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 80247)
- The Sales Tax Rate for Denver (zip 80247) is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Denver (zip 80247) 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 80247)
- The average income of a Denver (zip 80247) resident is $27,136 a year. The US average is $28,555 a year.
- The Median household income of a Denver (zip 80247) resident is $53,001 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDenver, ColoradoUnited States
  7.16
  -4.9%-6.2%
  45.0%33.5%
  8.3%6.2%
  4.8%4.6%
  $35,834$37,638
  $53,001$69,021
  $63,234$85,028
  Population by Occupation
  0.2%1.2%
  0.3%0.5%
  6.1%6.8%
  5.1%10.0%
  2.8%2.5%
  8.3%11.0%
  7.6%4.8%
  0.8%0.8%
  3.0%1.9%
  5.5%4.7%
  4.0%1.9%
  8.3%7.6%
  0.5%0.1%
  3.2%4.2%
  7.2%9.3%
  18.1%14.0%
  2.8%2.1%
  8.5%7.0%
  4.9%4.8%
  2.8%4.7%
Health