Economy in Richmond, Utah
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Economy
| Unemployment Rate | 5.50% | 9.10% |
| Recent Job Growth | -0.56% | -0.12% |
| Future Job Growth | 33.38% | 31.25% |
| Sales Taxes | 6.25% | 6.80% |
| Income Taxes | 6.98% | 6.25% |
| Income per Cap. | $18,435 | $27,067 |
| Household Income | $55,757 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.45% | 12.10% |
| Income between 15K and 25K | 7.27% | 10.18% |
| Income between 25K and 35K | 11.11% | 10.56% |
| Income between 35K and 50K | 17.56% | 14.98% |
| Income between 50K and 75K | 32.24% | 19.53% |
| Income between 75K and 100K | 13.44% | 12.52% |
| Income between 100K and 150K | 9.74% | 12.14% |
| Income between 150K and 250K | 1.23% | 3.91% |
| Income between 250K and 500K | 0.82% | 3.34% |
| Income greater than 500K | 0.14% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.15% | 13.81% |
| Professional and Related Occupations | 17.81% | 22.68% |
| Service | 12.47% | 14.51% |
| Sales and Office | 17.64% | 25.22% |
| Farming, Fishing, and Forestry | 0.85% | 0.68% |
| Construction, Extraction, and Maintenance | 13.15% | 9.37% |
| Production, Transportation, and Material Moving | 28.75% | 15.86% |
The unemployment rate in Richmond, UT, is 5.50%, with job growth of -0.56%. Future job growth over the next ten years is predicted to be 33.38%.
Richmond, UT Taxes
Richmond, UT,sales tax rate is 6.25%. Income tax is 6.98%.
Richmond, UT Income and Salaries
The income per capita is $18,435, which includes all adults and children. The median household income is $55,757.
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