The small town of Hugo, Colorado (zip code 80821) is a cozy and quaint community where residents can enjoy a relaxed, peaceful lifestyle. With 2 bedroom rent at an affordable $1,010 per month, Hugo is an ideal place for families to call home. Not only is rent reasonable compared to the US average of $1,430 per month, but groceries in Hugo are also cheaper than the national norm; the Grocery Cost Index in Hugo stands at 95 versus 100 in the US.
Hugo has a strong local economy and supports several businesses. These include Jake's Auto Body & Repair Shop, Lucky 7 Saloon and Eatery, High Plains Seed Co., The Quilt Nest Sewing Studio, and Direct Care Pharmacy. Each of these companies adds to Hugo's unique charm and offers quality products and services for the locals.
Hugo (zip 80821) has an unemployment rate of 6.0%. The US average is 6.0%.
Hugo (zip 80821) has seen the job market increase by 4.6% over the last year. Future job growth over the next ten years is predicted to be 61.3%, which is higher than the US average of 33.5%.
Tax Rates for Hugo (zip 80821)
- The Sales Tax Rate for Hugo (zip 80821) is 4.9%. The US average is 7.3%.
- The Income Tax Rate for Hugo (zip 80821) 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 Hugo (zip 80821)
- The average income of a Hugo (zip 80821) resident is $23,570 a year. The US average is $28,555 a year.
- The Median household income of a Hugo (zip 80821) resident is $57,991 a year. The US average is $69,021 a year.