Salt Lake City, UT Metro Area is an ideal place to call home. With a 2 Bedroom Rent of $1,480 compared to the US average of $1,430, it is still relatively affordable. The Grocery Cost Index in Salt Lake City is 95 compared to the US average of 100, making food costs much lower than most locations in the country. The area boasts a variety of companies and attractions including Vivint Smart Home which allows customers to control their home security from anywhere with their phone or tablet, Harmons Grocery Store which has been serving quality products for over 80 years and Real Salt Lake soccer team which provides fun entertainment for all ages. There are also great outdoors activities like hiking trails and fishing spots throughout the area. Salt Lake City has something for everyone!
Salt Lake City Metro Area has an unemployment rate of 3.0%. The US average is 6.0%.
Salt Lake City Metro Area has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 41.5%, which is higher than the US average of 33.5%.
Tax Rates for Salt Lake City Metro Area
- The Sales Tax Rate for Salt Lake City Metro Area is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Salt Lake City Metro Area is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Salt Lake City Metro Area
- The average income of a Salt Lake City Metro Area resident is $26,516 a year. The US average is $28,555 a year.
- The Median household income of a Salt Lake City Metro Area resident is $82,506 a year. The US average is $69,021 a year.