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Economy in Provo, Utah

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyProvo, UTUnited States
Unemployment Rate8.30%9.10%
Recent Job Growth-1.48%-0.12%
Future Job Growth28.74%31.25%
Sales Taxes6.45%6.80%
Income Taxes6.98%6.25%
Income per Cap.$15,896$27,067
Household Income$40,484$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K13.05%12.10%
Income between 15K and 25K14.90%10.18%
Income between 25K and 35K15.06%10.56%
Income between 35K and 50K19.32%14.98%
Income between 50K and 75K17.34%19.53%
Income between 75K and 100K8.46%12.52%
Income between 100K and 150K7.90%12.14%
Income between 150K and 250K1.98%3.91%
Income between 250K and 500K1.66%3.34%
Income greater than 500K0.35%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.43%13.81%
Professional and Related Occupations30.74%22.68%
Service16.81%14.51%
Sales and Office30.07%25.22%
Farming, Fishing, and Forestry0.11%0.68%
Construction, Extraction, and Maintenance6.75%9.37%
Production, Transportation, and Material Moving10.34%15.86%
Median Household Income

The unemployment rate in Provo, UT, is 8.30%, with job growth of -1.48%. Future job growth over the next ten years is predicted to be 28.74%.

Provo, UT Taxes

Provo, UT,sales tax rate is 6.45%. Income tax is 6.98%.

Provo, UT Income and Salaries

The income per capita is $15,896, which includes all adults and children. The median household income is $40,484.


Provo Economy SperlingViews

The hot and the cold: Summers can be really hot, into the hundreds for a few days, but with low humidity, one can always escape into the shade. The winters are cold, with January definitely... (read more)Plastic Valley: If you can learn to immunize yourself to the absurd level of fake-ness going on with the people here, Provo can be a suprisingly interesting place to live. BYU does put... (read more)Wide variety of outdoor and cultural activities: Nestled between Utah Lake and the Wasatch Front mountains, there are lots of great outdoor activities available. Provo is home to Brigham Young University, which is... (read more)Have an opinion about Provo? Leave a commentTo See All SperlingViews for Provo Click Here