Grand Junction, Colorado (81503) is a great place to live. The two bedroom rent in Grand Junction is $1,100 which is significantly lower than the US average of $1,430. This could save a family or individual hundreds of dollars each month, allowing them to spend more on other expenses such as groceries. The grocery cost index in Grand Junction is 101 meaning groceries are slightly more expensive than the US average but still affordable. There are many great local companies in Grand Junction including Cline Construction, Rocky Mountain Dental Care, Rocky Mountain Pharmacy Group, and the Colorado Therapy Center. All of these local businesses make Grand Junction an excellent place to live and work. With its low rent prices and variety of local services, Grand Junction is an ideal city for anyone looking for stability and affordability.
Grand Junction (zip 81503) has an unemployment rate of 7.1%. The US average is 6.0%.
Grand Junction (zip 81503) 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 41.8%, which is higher than the US average of 33.5%.
Tax Rates for Grand Junction (zip 81503)
- The Sales Tax Rate for Grand Junction (zip 81503) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Grand Junction (zip 81503) 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 Grand Junction (zip 81503)
- The average income of a Grand Junction (zip 81503) resident is $28,591 a year. The US average is $37,638 a year.
- The Median household income of a Grand Junction (zip 81503) resident is $65,352 a year. The US average is $69,021 a year.