Colorado City, TX is a great place to live. With a population of 7,9512 people, the city boasts an affordable cost of living with two bedroom rentals averaging $730 per month compared to the US average of $1,430. The grocery cost index for Colorado City is 89 while the national average sits at 100. Local employers in Colorado City include Family Dollar Distribution Center, Anderson’s Meat Processing Inc., and Texas-New Mexico Power Company. For those looking for a comfortable lifestyle at an affordable price point, Colorado City is definitely worth considering as your new home.
Colorado City (zip 79512) has an unemployment rate of 8.8%. The US average is 6.0%.
Colorado City (zip 79512) has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 3.3%, which is lower than the US average of 33.5%.
Tax Rates for Colorado City (zip 79512)
- The Sales Tax Rate for Colorado City (zip 79512) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Colorado City (zip 79512) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Colorado City (zip 79512)
- The average income of a Colorado City (zip 79512) resident is $21,587 a year. The US average is $37,638 a year.
- The Median household income of a Colorado City (zip 79512) resident is $44,920 a year. The US average is $69,021 a year.