Zip 80221 (Sherrelwood, CO) Economy


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Sherrelwood, CO 80221 is a great place to live with affordable rent and low grocery costs. The average rent for a 2 bedroom apartment in Sherrelwood is $1,550 while the average rent for the same in the US is $1,430. The Grocery Cost Index in Sherrelwood is 99 compared to 100 in the US. In addition to being affordable, Sherrelwood has many local companies such as Zuni Street Brewing Company and Renegade Brewing Company to provide entertainment and employment opportunities. Population size does not matter when considering these factors since it does not directly affect the affordability of living or job availability.

Sherrelwood (zip 80221) has an unemployment rate of 7.4%. The US average is 6.0%.

Sherrelwood (zip 80221) 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 44.9%, which is higher than the US average of 33.5%.

Tax Rates for Sherrelwood (zip 80221)
- The Sales Tax Rate for Sherrelwood (zip 80221) is 4.8%. The US average is 7.3%.
- The Income Tax Rate for Sherrelwood (zip 80221) 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 Sherrelwood (zip 80221)
- The average income of a Sherrelwood (zip 80221) resident is $20,066 a year. The US average is $28,555 a year.
- The Median household income of a Sherrelwood (zip 80221) resident is $71,537 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySherrelwood, ColoradoUnited States
  7.46
  -5.0%-6.2%
  44.9%33.5%
  4.8%6.2%
  4.6%4.6%
  $29,949$37,638
  $71,537$69,021
  $78,490$85,028
  Population by Occupation
  0.4%1.2%
  0.8%0.5%
  12.7%6.8%
  7.1%10.0%
  2.7%2.5%
  12.2%11.0%
  6.0%4.8%
  0.7%0.8%
  2.0%1.9%
  2.8%4.7%
  1.5%1.9%
  5.0%7.6%
  0.0%0.1%
  5.9%4.2%
  8.8%9.3%
  10.0%14.0%
  2.5%2.1%
  10.6%7.0%
  5.2%4.8%
  3.1%4.7%
Health