Alta, UT Economy


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Alta, UT is an outdoor enthusiast's paradise. From its breathtaking mountain views to its numerous trails and ski areas, it offers something for everyone. The cost of living in Alta is higher than the US average, with a two bedroom rent being $2,230 compared to the US average of $1,430. The Grocery Cost Index in Alta is 98 versus 100 in the US. Several local companies offer services in Alta such as Snowbird Ski & Summer Resort, Brighton Ski Resort and Outdoor Adventure Learning Center. These businesses make it easy to explore all that this scenic area has to offer while providing quality services at an affordable price.

Alta has an unemployment rate of 3.0%. The US average is 6.0%.

Alta 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 41.3%, which is higher than the US average of 33.5%.

Tax Rates for Alta
- The Sales Tax Rate for Alta is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Alta 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 Alta
- The average income of a Alta resident is $31,210 a year. The US average is $28,555 a year.
- The Median household income of a Alta resident is $52,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlta, UtahUnited States
  36
  -1.4%-6.2%
  41.3%33.5%
  6.9%6.2%
  5.0%4.6%
  $44,412$37,638
  $52,917$69,021
  $103,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.6%6.8%
  5.4%10.0%
  0.0%2.5%
  8.0%11.0%
  23.2%4.8%
  0.0%0.8%
  0.0%1.9%
  0.3%4.7%
  5.4%1.9%
  0.6%7.6%
  0.0%0.1%
  17.8%4.2%
  1.0%9.3%
  4.5%14.0%
  4.8%2.1%
  18.2%7.0%
  0.0%4.8%
  9.2%4.7%
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