Zip 80227 (Lakewood, CO) Economy


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Lakewood, CO is an area with a zip code of 80227 and is known for its proximity to the Rocky Mountains. It has a population of approximately 155,000 people. The average rent for a two-bedroom apartment in this area is $1,800, which is higher than the US average of $1,430. Additionally, the grocery cost index in Lakewood is 101 compared to the US average of 100. \nLocal businesses that are popular in Lakewood include the Colorado Mills Mall, offering a variety of shopping options; Casa Bonita amusement park featuring Mexican entertainment like cliff divers; Wahoo's Fish Taco serving up delicious fish tacos; and Restaurante Los Corrals offering traditional Mexican cuisine. These establishments offer services unique to the Lakewood area that make it a great place to live and visit.

Lakewood (zip 80227) has an unemployment rate of 7.2%. The US average is 6.0%.

Lakewood (zip 80227) 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 44.1%, which is higher than the US average of 33.5%.

Tax Rates for Lakewood (zip 80227)
- The Sales Tax Rate for Lakewood (zip 80227) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Lakewood (zip 80227) 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 Lakewood (zip 80227)
- The average income of a Lakewood (zip 80227) resident is $33,216 a year. The US average is $28,555 a year.
- The Median household income of a Lakewood (zip 80227) resident is $74,717 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLakewood, ColoradoUnited States
  7.26
  -4.9%-6.2%
  44.1%33.5%
  7.5%6.2%
  4.6%4.6%
  $43,074$37,638
  $74,717$69,021
  $95,771$85,028
  Population by Occupation
  0.2%1.2%
  0.7%0.5%
  6.7%6.8%
  5.6%10.0%
  1.6%2.5%
  13.2%11.0%
  3.7%4.8%
  0.6%0.8%
  2.7%1.9%
  5.7%4.7%
  2.8%1.9%
  10.6%7.6%
  0.1%0.1%
  6.1%4.2%
  7.7%9.3%
  12.0%14.0%
  2.1%2.1%
  8.3%7.0%
  4.7%4.8%
  4.9%4.7%
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