Salary & Cost of Living in Fountain, CO
Fountain, CO: $62,882 median salary, cost of living index 104.3, $14.42/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$62,882
$30/hr
Cost of Living
104.3
US avg = 100
Minimum Wage
$14.42
per hour
Unemployment
4%
rate
Fountain, CO Overview
Population
30,240
Median Salary
$62,882
Average Salary
$70,428
Avg Commute
16 min
Median Home Price
$494,000
Median Rent
$1,991/mo
Job Growth
+1.8%
Sales Tax
2.9%
Fountain is located in Colorado with a population of 30,240. The median household salary is $62,882 per year ($30/hour), which is $3,498 above the national median of $59,384. The average commute time is 16 minutes, and the city has a job growth rate of +1.8%.
Fountain Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Fountain, CO, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$49,797
$4,149.78/month · $1,915.28/biweekly · Effective Rate: 20.8%
Gross Pay
$62,882
Federal Tax
-$5,507
State Tax
-$2,767
Local Tax
$0
FICA
-$4,810
Net Pay
$49,797
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,240.17 | $62,882.00 |
| Federal Income Tax | -$458.95 | -$5,507.34 |
| Colorado State Tax (4.4%) | -$230.57 | -$2,766.81 |
| Social Security (6.2%) | -$324.89 | -$3,898.68 |
| Medicare (1.45%) | -$75.98 | -$911.79 |
| Net Take-Home Pay | $4,149.78 | $49,797.38 |
Salary Comparison: Fountain vs Other Cities
See how Fountain's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Fountain, CO | $62,882 | 104.3 | $60,290 |
| National Average | $59,384 | 100 | $59,384 |
| Ramsey, MN | $62,878 | 94.1 | $66,820 |
| Mount Laurel, NJ | $62,908 | 122.4 | $51,395 |
| Leominster, MA | $62,910 | 132.8 | $47,372 |
| East Los Angeles, CA | $62,911 | 155 | $40,588 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Fountain
Fountain's cost of living index is 104.3 (national average = 100). Living in Fountain is 4.299999999999997% more expensive than the national average.
Median Home Price
$494,000
Median Monthly Rent
$1,991
Annual Rent Cost
$23,892
Your Salary's Purchasing Power
Your $49,797 annual take-home pay in Fountain has the purchasing power of approximately $47,744 in an average-cost US area. You would need to earn $65,586 in Fountain to match a $62,882 salary in an average-cost city.
Top Industries in Fountain
Fountain's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $62,882.
Salary Tips for Fountain Workers
- Research top industries. Fountain's top industries include Technology, Aerospace, Energy. Targeting roles in these sectors can help you earn above the $62,882 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
Related Salary Tools
Frequently Asked Questions
What is the median salary in Fountain, CO?
The median salary in Fountain, CO is $62,882 per year, or $30 per hour. The average salary is $70,428. This is $3,498 above the national median of $59,384.
What is the cost of living in Fountain, CO?
Fountain's cost of living index is 104.3 (national average = 100), meaning it is 4.299999999999997% more expensive compared to the national average. The median home price is $494,000 and the median monthly rent is $1,991.
What are the best industries in Fountain?
The top industries in Fountain, CO include Technology, Aerospace, Energy. The city has a job growth rate of 1.8% and an unemployment rate of 4%. Workers in these industries often earn above the city's median salary of $62,882.
How does Fountain's salary compare to other cities?
Fountain's median salary of $62,882 is 5.9% above the national median of $59,384. However, when adjusted for cost of living (index: 104.3), the real purchasing power is approximately $60,290.
What is the minimum wage in Fountain, CO?
The minimum wage in Fountain, CO is $14.42 per hour. This equals approximately $29,994 per year for a full-time worker (40 hours/week). This is $7.17 above the federal minimum wage of $7.25/hour.