Zip 81242 (Poncha Springs, CO) Economy


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United States / Colorado / No Metro Area / Chaffee County / Poncha Springs / Poncha Springs (zip 81242)
Poncha Springs, Colorado (zip code 81242) is a small town located near the Arkansas River Valley. It is known for its outdoor activities such as fishing, camping, and hiking due to its close proximity to the Rocky Mountains. The average two-bedroom apartment rental cost in Poncha Springs is $1,160 which is lower than the US average of $1,430. Similarly, groceries are slightly more affordable with a grocery cost index of 99 compared to 100 in the US.
The small town offers many local companies and services that cater to both tourists and locals alike. For example, Long Creek Outfitters provides outdoor enthusiasts with high-quality gear and equipment while Bear Paw Outdoor Adventures offers guided tours and classes on outdoor activities. Those looking for art can visit Erika DeRouin’s art gallery or take lessons at Green Spoke Designs pottery studio. For food options, the town has several restaurants like Bierwerks Brewery & Gastropub or Tomichi Café Barbecue & Smokehouse that provide delicious meals from locally sourced ingredients.

Poncha Springs (zip 81242) has an unemployment rate of 5.5%. The US average is 6.0%.

Poncha Springs (zip 81242) has seen the job market increase by 3.7% over the last year. Future job growth over the next ten years is predicted to be 56.5%, which is higher than the US average of 33.5%.

Tax Rates for Poncha Springs (zip 81242)
- The Sales Tax Rate for Poncha Springs (zip 81242) is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Poncha Springs (zip 81242) 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 Poncha Springs (zip 81242)
- The average income of a Poncha Springs (zip 81242) resident is $20,530 a year. The US average is $28,555 a year.
- The Median household income of a Poncha Springs (zip 81242) resident is $83,138 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPoncha Springs, ColoradoUnited States
  5.56
  -4.4%-6.2%
  56.5%33.5%
  7.7%6.2%
  4.6%4.6%
  $34,619$37,638
  $83,138$69,021
  $85,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.3%6.8%
  2.9%10.0%
  0.3%2.5%
  6.4%11.0%
  10.9%4.8%
  0.0%0.8%
  2.3%1.9%
  8.6%4.7%
  0.5%1.9%
  8.0%7.6%
  0.0%0.1%
  6.3%4.2%
  6.1%9.3%
  12.2%14.0%
  2.7%2.1%
  5.3%7.0%
  4.1%4.8%
  15.1%4.7%
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