Adams County · Colorado · West · 115k residents
Westminster, CO: economy, jobs & business costs
The site-selection read on Westminster: 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 $1,451/wk. Colorado's corporate income tax rate is 4.4%. Commercial electricity averages 11.7¢/kWh.
Compare Westminster side by side
Avg. weekly wage
$1,451/wk
Corporate income tax
4.4%
Bachelor's degree or higher
44.6%
Commercial electricity
11.7¢/kWh
Economic momentum
How fast Westminster's economy is moving, ranked against the US cities we track.
56/100
Steady
Ranks Westminster's residential building-permit and 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 | $532,400 |
| Price per sq. ft. | $300 |
| Property tax rate | 0.5% |
| 1-bedroom rent | $1,694/mo |
| 2-bedroom rent | $2,000/mo |
| State & local income tax | 2.89% |
| Sales tax | 7.8% |
| Corporate income tax | 4.4% |
| Avg. weekly wage | $1,451/wk |
| Bachelor's degree or higher | 44.6% |
| Commercial electricity | 11.7¢/kWh |
| Businesses per 1k residents | 26.2/1k |
| Wage: Software developer | $137,610 |
| Wage: Registered nurse | $101,130 |
| Wage: General manager | $142,330 |
| Wage: Customer service | $48,590 |
| Wage: Warehouse worker | $44,480 |
| Wage: Heavy truck driver | $63,900 |
| Wage: Electrician | $63,150 |
| Wage: Retail salesperson | $38,470 |
| Cost of living index | 119 |
| 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 | $100,272 |
| Unemployment rate | 3.7% |
| Population | 115k |
| Crime index | 52/100 |
| School rating | 6.5/10 |
| Walkability | 38/100 |
| Disaster risk | 91/100 |
| Avg. commute | 26 min |
| Sunny days / year | 245 days |
| July high | 91°F |
| January low | 19°F |
| Annual snowfall | 45 in |
| Home price YoY | -3.0% |
| Home price MoM | -0.5% |
| Rent YoY | -1.9% |
| Rent MoM | -0.2% |
| Employment (jobs) YoY | +0.1% |
| Building permits YoY | +22.1% |
| Ocean coast | 824 mi |
| Big lake | 198 mi |
| Mountains | 37 mi |
| Major airport | 19 mi |
| Ski resort | 29 mi |
Popular comparisons
Nearby
- Sherrelwood, CO · 19k
- Thornton, CO · 144k
- Broomfield, CO · 76k
- Welby, CO · 16k
- Northglenn, CO · 38k
Similar size
- Pueblo, CO · 112k
- Greeley, CO · 111k
- Arvada, CO · 123k
- Centennial, CO · 108k
- Boulder, CO · 106k
Real listings in Westminster
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Westminster 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 $1,451/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 Westminster, CO?
- Westminster indexes at 119 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $2,000/mo and a acs median home value of $532,400.
- How much does a house cost in Westminster?
- The acs median home value in Westminster is $532,400 (Census ACS estimate; individual listings vary).
- How much is rent in Westminster?
- A two-bedroom in Westminster rents for about $2,000/mo.