Colorado Springs, CO — income, home value, property tax, and sales tax.
Households in ZIP code 80928, near Colorado Springs, report a median income of $122,679, while per-capita income sits at $47,975. A median home value of $397,900 pairs with a county effective property tax rate of 0.41%, so annual property taxes on such a home would run roughly $1,630. The combined sales tax rate of 2.90% adds relatively little to everyday purchases. Together, these figures describe an area where earnings run high against housing costs, and both tax rates stay low enough that they take a smaller bite out of household budgets than in many other parts of the state.
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