Redlands, Colorado (81507) is a small town with a population of less than 8,000 people. It is situated in the western part of the state near Grand Junction. The area offers its residents an excellent quality of life including easy access to outdoor activities such as camping, hiking, fishing and more. When it comes to housing costs, 2 bedroom apartments in Redlands rent for $1,430 per month on average – same as the national average. The cost of living in Redlands is also slightly higher than the national average (106 compared to 100). The city boasts a diverse local business community ranging from small businesses like restaurants and retail stores to larger organizations such as energy companies and medical facilities. All in all, Redlands offers its residents a pleasant environment with an affordable cost of living.
Redlands (zip 81507) has an unemployment rate of 7.2%. The US average is 6.0%.
Redlands (zip 81507) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Redlands (zip 81507)
- The Sales Tax Rate for Redlands (zip 81507) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Redlands (zip 81507) 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 Redlands (zip 81507)
- The average income of a Redlands (zip 81507) resident is $33,717 a year. The US average is $28,555 a year.
- The Median household income of a Redlands (zip 81507) resident is $92,179 a year. The US average is $69,021 a year.