Timnath, CO is an ideal place to live due to its affordable rent prices and cost of living. The average 2 bedroom rent in Timnath is $1,320, which is slightly lower than the US national average of $1,430. Additionally, the Grocery Cost Index in Timnath is 104 versus 100 in the US. This indicates that groceries tend to be more affordable than other places.
The town of Timnath offers many different job opportunities for those looking to work locally. There are top companies like Vestas Blades America Inc., Banner Health and Coalition for Commercialized Cannabis Regulation that are based in or near Timnath. Other industries that offer employment include restaurants, retail stores and healthcare institutions like Banner Fort Collins Medical Center. With all these options and the low cost of living, it’s no surprise that so many people choose to call Timmath home!
Timnath (zip 80547) has an unemployment rate of 5.8%. The US average is 6.0%.
Timnath (zip 80547) has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 51.6%, which is higher than the US average of 33.5%.
Tax Rates for Timnath (zip 80547)
- The Sales Tax Rate for Timnath (zip 80547) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Timnath (zip 80547) 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 Timnath (zip 80547)
- The average income of a Timnath (zip 80547) resident is $74,404 a year. The US average is $37,638 a year.
- The Median household income of a Timnath (zip 80547) resident is $156,738 a year. The US average is $69,021 a year.