Zip 80860 (Victor, CO) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Victor, Colorado is a small city located in the county of Teller. It has an estimated population of 808 people. Victor offers its residents a rural atmosphere with plenty of recreation activities and access to nature trails and parks. The average cost of a two-bedroom rental in Victor is $1,130 per month, while the national median rent is around $1,430 per month. Grocery Cost Index in Victor is also lower than the US average, coming in at 94 versus 100.
Victor has several local businesses that serve its residents well. Examples include Victor Valley Store which provides grocery items and hardware supplies; Black Diamond Cafe and Bakery for breakfast and lunch dining; Goldstone's Family Restaurant for comfort food dining; Mountain View Lifestyle Center for clothing stores; and Red Dog Mining which offers metal fabrication services. All these local businesses contribute to keeping the cost of living low in Victor for its residents.

Victor (zip 80860) has an unemployment rate of 5.9%. The US average is 6.0%.

Victor (zip 80860) 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 49.8%, which is higher than the US average of 33.5%.

Tax Rates for Victor (zip 80860)
- The Sales Tax Rate for Victor (zip 80860) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Victor (zip 80860) 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 Victor (zip 80860)
- The average income of a Victor (zip 80860) resident is $29,806 a year. The US average is $28,555 a year.
- The Median household income of a Victor (zip 80860) resident is $51,042 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVictor, ColoradoUnited States
  5.96
  -3.2%-6.2%
  49.8%33.5%
  6.9%6.2%
  4.6%4.6%
  $29,595$37,638
  $51,042$69,021
  $66,667$85,028
  Population by Occupation
  3.9%1.2%
  3.9%0.5%
  3.0%6.8%
  0.0%10.0%
  1.7%2.5%
  13.4%11.0%
  0.0%4.8%
  1.7%0.8%
  3.0%1.9%
  4.3%4.7%
  0.0%1.9%
  9.1%7.6%
  0.0%0.1%
  2.6%4.2%
  6.5%9.3%
  7.8%14.0%
  32.0%2.1%
  3.0%7.0%
  3.0%4.8%
  0.9%4.7%
Health