Zip 80503 (Longmont, CO) Economy


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Longmont, CO 80503 is a vibrant city filled with local businesses. It has an average 2 bedroom rent of $1,870 which is higher than the US average of $1,430. The Grocery Cost Index in Longmont is 104 versus the 100 US index. Longmont boasts a wide variety of companies including: IBM, Seagate Technology, Amgen Manufacturing Limited, and Longmont United Hospital. With an active economy and diverse business landscape, Longmont has something to offer everyone!

Longmont (zip 80503) has an unemployment rate of 6.3%. The US average is 6.0%.

Longmont (zip 80503) has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 44.0%, which is higher than the US average of 33.5%.

Tax Rates for Longmont (zip 80503)
- The Sales Tax Rate for Longmont (zip 80503) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Longmont (zip 80503) 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 Longmont (zip 80503)
- The average income of a Longmont (zip 80503) resident is $43,088 a year. The US average is $28,555 a year.
- The Median household income of a Longmont (zip 80503) resident is $109,585 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLongmont, ColoradoUnited States
  6.36
  -5.3%-6.2%
  44.0%33.5%
  8.5%6.2%
  4.6%4.6%
  $55,732$37,638
  $109,585$69,021
  $135,140$85,028
  Population by Occupation
  0.8%1.2%
  0.3%0.5%
  4.1%6.8%
  14.7%10.0%
  1.3%2.5%
  12.8%11.0%
  2.3%4.8%
  0.4%0.8%
  2.1%1.9%
  3.0%4.7%
  1.9%1.9%
  16.1%7.6%
  0.0%0.1%
  3.3%4.2%
  11.9%9.3%
  9.8%14.0%
  2.5%2.1%
  4.9%7.0%
  4.7%4.8%
  3.4%4.7%
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