Cedar City, UT Economy


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\nCedar City, UT is a great place to live for those looking for an affordable lifestyle. The city has many local businesses to explore, from clothing boutiques to art galleries and more. The 2 bedroom rent in Cedar City is much lower than the US average, at $1,190 compared to $1,430. This makes it an attractive option for families and those on a tight budget. Additionally, the Grocery Cost Index in Cedar City is 92 compared to 100 in the US, which means that groceries are also cheaper in this area. All these factors combined make Cedar City an excellent choice for those looking for a low-cost of living. Popular businesses in the area include DeDe's Clothing Boutique, Southern Utah Museum of Art, and Shupe's Department Store.

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

Cedar City has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 52.0%, which is higher than the US average of 33.5%.

Tax Rates for Cedar City
- The Sales Tax Rate for Cedar City is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Cedar City 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 Cedar City
- The average income of a Cedar City resident is $17,737 a year. The US average is $28,555 a year.
- The Median household income of a Cedar City resident is $55,022 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCedar City, UtahUnited States
  36
  1.7%-6.2%
  52.0%33.5%
  6.1%6.2%
  5.0%4.6%
  $23,442$37,638
  $55,022$69,021
  $69,340$85,028
  Population by Occupation
  1.2%1.2%
  0.1%0.5%
  7.0%6.8%
  8.2%10.0%
  1.2%2.5%
  12.3%11.0%
  2.8%4.8%
  1.2%0.8%
  1.6%1.9%
  3.8%4.7%
  1.4%1.9%
  3.8%7.6%
  0.0%0.1%
  5.2%4.2%
  12.7%9.3%
  14.8%14.0%
  2.9%2.1%
  11.9%7.0%
  3.9%4.8%
  4.0%4.7%
Reviews for Cedar City
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Over 6 years ago

Cedar City Is A Great Place to Get A Famliy Started And Crime is Bit Low as Of 2018 It has The Strongest Low Unemlopyment  More

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Hi -- Just FYI, the annual snowfall amount indicated by Sperling's Best Places for Cedar City is not accurate. Sperling states that this location receives 110" of snow  More

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Over 7 years ago

My wife and I retired in Cedar City a few years ago. First, I must say that Cedar has a wonderful location. There are beautiful views of the mountains, and it's a  More

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