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Economy in Lake Shore, Utah

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyLake Shore, UTUnited States
Unemployment Rate7.50%9.10%
Recent Job Growth-1.40%-0.12%
Future Job Growth29.70%31.25%
Sales Taxes6.45%6.80%
Income Taxes6.98%6.25%
Income per Cap.$23,519$27,067
Household Income$68,586$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K2.02%12.10%
Income between 15K and 25K10.77%10.18%
Income between 25K and 35K8.42%10.56%
Income between 35K and 50K7.74%14.98%
Income between 50K and 75K27.95%19.53%
Income between 75K and 100K20.20%12.52%
Income between 100K and 150K15.49%12.14%
Income between 150K and 250K1.01%3.91%
Income between 250K and 500K5.05%3.34%
Income greater than 500K1.35%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations24.40%13.81%
Professional and Related Occupations15.73%22.68%
Service12.90%14.51%
Sales and Office22.98%25.22%
Farming, Fishing, and Forestry1.81%0.68%
Construction, Extraction, and Maintenance12.50%9.37%
Production, Transportation, and Material Moving16.33%15.86%
Median Household Income

The unemployment rate in Lake Shore, UT, is 7.50%, with job growth of -1.40%. Future job growth over the next ten years is predicted to be 29.70%.

Lake Shore, UT Taxes

Lake Shore, UT,sales tax rate is 6.45%. Income tax is 6.98%.

Lake Shore, UT Income and Salaries

The income per capita is $23,519, which includes all adults and children. The median household income is $68,586.


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