Towaoc, Colorado (81334) is a rural census-designated place located on the Ute Mountain Ute Tribe Reservation in Montezuma County. The average two bedroom rent for this area is $1,150 which is significantly lower than the national average of $1,430. The grocery cost index in 81334 Towaoc, CO is 99 compared to the national index of 100. There are several local businesses and services available in Towaoc including the Southern Ute Indian Tribal Council, Southern Ute Growth Fund LLC, Sky Ute Casino & Resort, Circle K Convenience Store and Mocha Moose Coffee & Deli. Additionally there are many outdoor activities available such as hiking trails at the Hovenweep National Monument and camping opportunities at the Yucca Campground.
Towaoc (zip 81334) has an unemployment rate of 7.4%. The US average is 6.0%.
Towaoc (zip 81334) has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 42.7%, which is higher than the US average of 33.5%.
Tax Rates for Towaoc (zip 81334)
- The Sales Tax Rate for Towaoc (zip 81334) is 3.3%. The US average is 7.3%.
- The Income Tax Rate for Towaoc (zip 81334) is 4.6%. The US average is 4.6%.
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Income and Salaries for Towaoc (zip 81334)
- The average income of a Towaoc (zip 81334) resident is $11,094 a year. The US average is $37,638 a year.
- The Median household income of a Towaoc (zip 81334) resident is $28,571 a year. The US average is $69,021 a year.