80106 Elbert, CO is a small town located in the eastern part of the state. It has a population of just under 800 people and it offers an affordable cost of living. The average two bedroom rent in 80106 Elbert, CO is $1,370 which is significantly lower than the US average of $1,430. This makes it an ideal place for those looking to save money without compromising on quality of life. The Grocery Cost Index in 80106 Elbert, CO is 103 versus 100 in the US which means groceries are slightly more expensive than elsewhere in the country.
Residents of 80106 Elbert, CO can enjoy local businesses such as Jennings Prairie Farm which offers fresh farm produce and homemade baked goods. They can also visit Nicely’s Country Store for all their grocery needs or go to Farley’s restaurant for a good meal with friends and family. For those looking for something fun to do outdoors there’s always Saunders Park which includes a small lake and plenty of hiking trails to explore.
Elbert (zip 80106) has an unemployment rate of 6.8%. The US average is 6.0%.
Elbert (zip 80106) 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 48.7%, which is higher than the US average of 33.5%.
Tax Rates for Elbert (zip 80106)
- The Sales Tax Rate for Elbert (zip 80106) is 5.1%. The US average is 7.3%.
- The Income Tax Rate for Elbert (zip 80106) 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 Elbert (zip 80106)
- The average income of a Elbert (zip 80106) resident is $46,478 a year. The US average is $37,638 a year.
- The Median household income of a Elbert (zip 80106) resident is $132,538 a year. The US average is $69,021 a year.