Fort Morgan, Colorado (zip code 80701) is a great place to live with its affordable 2 Bedroom Rent of $1,530, which is lower than the US average of $1,430. The Grocery Cost Index for this area is also lower than the national average at 95 compared to 100. There are plenty of local businesses that help boost the economy of Fort Morgan like K&G Foods Inc., Morgan County Re-3 School District, and Wal-Mart Supercenter. With so many companies in town and cheaper rental rates than most cities in the United States, Fort Morgan can provide an affordable cost of living for any family looking to move into the area!
Fort Morgan (zip 80701) has an unemployment rate of 5.7%. The US average is 6.0%.
Fort Morgan (zip 80701) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 53.4%, which is higher than the US average of 33.5%.
Tax Rates for Fort Morgan (zip 80701)
- The Sales Tax Rate for Fort Morgan (zip 80701) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Fort Morgan (zip 80701) 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 Fort Morgan (zip 80701)
- The average income of a Fort Morgan (zip 80701) resident is $26,494 a year. The US average is $37,638 a year.
- The Median household income of a Fort Morgan (zip 80701) resident is $61,870 a year. The US average is $69,021 a year.