Mesa County · Colorado · West · 68k residents
Grand Junction, CO: economy, jobs & business costs
The site-selection read on Grand Junction: labor costs, talent, corporate tax, energy, and business activity, with the Colorado median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,144/wk. Colorado's corporate income tax rate is 4.4%. Commercial electricity averages 11.7¢/kWh.
Compare Grand Junction side by side
Avg. weekly wage
$1,144/wk
Corporate income tax
4.4%
Bachelor's degree or higher
38.1%
Commercial electricity
11.7¢/kWh
Economic momentum
How fast Grand Junction's economy is moving, ranked against the US cities we track.
40/100
Steady
Ranks Grand Junction's jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $389,800 |
| Price per sq. ft. | $300 |
| Property tax rate | 0.5% |
| 1-bedroom rent | $839/mo |
| 2-bedroom rent | $1,164/mo |
| State & local income tax | 2.89% |
| Sales tax | 7.8% |
| Corporate income tax | 4.4% |
| Avg. weekly wage | $1,144/wk |
| Bachelor's degree or higher | 38.1% |
| Commercial electricity | 11.7¢/kWh |
| Businesses per 1k residents | 35.1/1k |
| Wage: Software developer | $123,990 |
| Wage: Registered nurse | $95,990 |
| Wage: General manager | $107,130 |
| Wage: Customer service | $41,490 |
| Wage: Warehouse worker | $40,120 |
| Wage: Heavy truck driver | $56,600 |
| Wage: Electrician | $56,550 |
| Wage: Retail salesperson | $35,630 |
| Cost of living index | 99 |
| Groceries index | 100 |
| Utilities | $160/mo |
| Transit pass | $88/mo |
| Gas price | $3.20/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,400/mo |
| Median household income | $70,080 |
| Unemployment rate | 3.7% |
| Population | 68k |
| Crime index | 52/100 |
| School rating | 6.5/10 |
| Walkability | 34/100 |
| Disaster risk | 75/100 |
| Avg. commute | 26 min |
| Sunny days / year | 245 days |
| July high | 95°F |
| January low | 19°F |
| Annual snowfall | — |
| Home price YoY | +2.2% |
| Home price MoM | +0.1% |
| Rent YoY | +4.3% |
| Rent MoM | 0.0% |
| Employment (jobs) YoY | 0.0% |
| Building permits YoY | — |
| Ocean coast | 639 mi |
| Big lake | 190 mi |
| Mountains | 57 mi |
| Major airport | 208 mi |
| Ski resort | 86 mi |
Popular comparisons
Nearby
- Clifton, CO · 20k
- Montrose, CO · 21k
- Durango, CO · 19k
- Cañon City, CO · 17k
- Golden, CO · 20k
Similar size
- Commerce City, CO · 66k
- Parker, CO · 62k
- Broomfield, CO · 76k
- Loveland, CO · 78k
- Castle Rock, CO · 79k
Real listings in Grand Junction
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Grand Junction a good place to run a business?
- Colorado's corporate income tax rate is 4.4%; average weekly wages in the surrounding labor market run $1,144/wk; commercial electricity averages 11.7¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Grand Junction, CO?
- Grand Junction indexes at 99 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,164/mo and a acs median home value of $389,800.
- How much does a house cost in Grand Junction?
- The acs median home value in Grand Junction is $389,800 (Census ACS estimate; individual listings vary).
- How much is rent in Grand Junction?
- A two-bedroom in Grand Junction rents for about $1,164/mo.