With data compiled from reliable public sources and government organizations like the Bureau of Labor Statistics and the U.S. Census Bureau, Joblift provides you with essential insights to help you in your job search in Frederick, CO.
The city of Frederick showcases a remarkable fusion of thriving industries, creating a well-balanced ecosystem for career growth. Health care and manufacturing sectors hold strong positions in the local economy, while technology and science companies continue to expand their presence. Retail businesses contribute significantly to the commercial landscape, supported by an increasing demand in the education sector. This diverse array of opportunities reflects Frederick's commitment to fostering a sustainable and prosperous community for all.
The city showcases a commendable employment landscape, with 68% of its working population benefiting from employer-provided insurance. Although the cost of living is approximately 21.0% higher than average, the average salary in the city stands at $56,112, making it a competitive option for job seekers. Additionally, residents can expect an average commute time of 32 minutes, which is reasonable and manageable for daily travel. Overall, the city presents a solid foundation for those looking to build their careers and enjoy a stable work-life balance.
The city of Frederick, CO is currently experiencing an above average unemployment rate at 6.90%. Despite this challenge, the local economy has a promising outlook with booming future job market growth on the horizon. This potential for expansion in employment opportunities showcases the resilience and adaptability of the city's economic landscape. The anticipation of a thriving job market signifies an optimistic future for Frederick's residents and businesses alike.
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