Zip 80220 (Denver, CO) Economy


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80220 Denver, CO is an ideal place to live with many local companies and amenities. For those looking for a place to rent, the area offers competitive prices for two bedroom apartments at an average of $1,780 per month compared to the US average of $1,430. In addition, grocery costs in the 80220 area are slightly higher than the national average with a Grocery Cost Index of 104 rather than 100.
The neighborhood has numerous local companies such as King Soopers for groceries, Target for general merchandise, and Starbucks for coffee lovers. It also has some great restaurants such as Dio Mio Pasta Bar and Snooze A Morning Eatery. In addition to these local businesses, 80220 Denver offers many wonderful recreational activities including biking trails at Rocky Mountain Lake Park and Kayak lessons at Confluence Kayaks. With its many amenities and affordable living costs, 80220 Denver is a great place to call home.

Denver (zip 80220) has an unemployment rate of 7.1%. The US average is 6.0%.

Denver (zip 80220) 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 45.0%, which is higher than the US average of 33.5%.

Tax Rates for Denver (zip 80220)
- The Sales Tax Rate for Denver (zip 80220) is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Denver (zip 80220) is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Denver (zip 80220)
- The average income of a Denver (zip 80220) resident is $48,928 a year. The US average is $28,555 a year.
- The Median household income of a Denver (zip 80220) resident is $86,466 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDenver, ColoradoUnited States
  7.16
  -4.9%-6.2%
  45.0%33.5%
  8.3%6.2%
  4.8%4.6%
  $61,338$37,638
  $86,466$69,021
  $125,894$85,028
  Population by Occupation
  0.0%1.2%
  0.7%0.5%
  5.5%6.8%
  3.7%10.0%
  1.7%2.5%
  7.4%11.0%
  3.7%4.8%
  0.2%0.8%
  3.5%1.9%
  4.1%4.7%
  3.2%1.9%
  14.3%7.6%
  0.4%0.1%
  4.7%4.2%
  11.0%9.3%
  16.2%14.0%
  3.7%2.1%
  7.2%7.0%
  4.6%4.8%
  4.2%4.7%
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