Zip 80742 (New Raymer, CO) Economy


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New Raymer, Colorado (80742) is a small town located in Weld County with a population of just over 225 people. It is known for its peaceful atmosphere and friendly locals. The median two bedroom rent in New Raymer is slightly lower than the US average at $1,130 while the Grocery Cost Index is 92 compared to 100 in the US.
Local businesses in New Raymer include Joe's Coop Store, Tom's Auto Repair, and OldRaymer Hardware Store which have been around for generations. There are also several popular local restaurants such as The Burger Shack and Mama's Kitchen which are known for their delicious home-cooked meals. Visitors from outside of town can check out the unique shops at The Vintage Mall or get some fresh air on the walking trails at New Raymer Park.

New Raymer (zip 80742) has an unemployment rate of 6.9%. The US average is 6.0%.

New Raymer (zip 80742) has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 50.1%, which is higher than the US average of 33.5%.

Tax Rates for New Raymer (zip 80742)
- The Sales Tax Rate for New Raymer (zip 80742) is 2.9%. The US average is 7.3%.
- The Income Tax Rate for New Raymer (zip 80742) 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 New Raymer (zip 80742)
- The average income of a New Raymer (zip 80742) resident is $22,632 a year. The US average is $28,555 a year.
- The Median household income of a New Raymer (zip 80742) resident is $57,188 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Raymer, ColoradoUnited States
  6.96
  -6.1%-6.2%
  50.1%33.5%
  2.9%6.2%
  4.6%4.6%
  $42,341$37,638
  $57,188$69,021
  $105,417$85,028
  Population by Occupation
  42.9%1.2%
  1.2%0.5%
  9.8%6.8%
  1.2%10.0%
  1.2%2.5%
  3.1%11.0%
  0.0%4.8%
  0.0%0.8%
  0.6%1.9%
  1.2%4.7%
  0.0%1.9%
  0.6%7.6%
  0.0%0.1%
  0.0%4.2%
  13.5%9.3%
  6.1%14.0%
  0.0%2.1%
  0.0%7.0%
  8.0%4.8%
  10.4%4.7%
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