Ballard, UT is a small town nestled in the foothills of the Wasatch Mountains. It is known for its historical importance as a trading post during the gold rush era and for its modern day hospitality. The area is popular with tourists due to its proximity to ski resorts, hiking trails, and outdoor activities. Despite its small size, Ballard has plenty to offer in terms of affordable living. With an average two bedroom rent of $850 compared to the national average of $1,430, Ballard offers a much cheaper alternative for those looking for housing options in a rural setting. Grocery store costs are also lower than many other cities across the US with an index of 92 against 100 for the nation. Local businesses such as Red River Inn & Suites and Ballard Grand Hotel provide lodging opportunities while local restaurants like Blackened Steer Steakhouse & Grill offer diners delicious cuisine. All in all, when it comes to cost of living Ballard offers great value when compared to some larger cities in America.
Ballard has an unemployment rate of 6.3%. The US average is 6.0%.
Ballard has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 7.3%, which is lower than the US average of 33.5%.
Tax Rates for Ballard
- The Sales Tax Rate for Ballard is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Ballard 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 Ballard
- The average income of a Ballard resident is $24,551 a year. The US average is $28,555 a year.
- The Median household income of a Ballard resident is $69,583 a year. The US average is $69,021 a year.