Cedar Fort, UT Economy


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Cedar Fort, UT is a small town located between Salt Lake City and Provo. With its proximity to these two major cities, Cedar Fort offers a peaceful and friendly community with a lower cost of living. The average rent for a two bedroom apartment in Cedar Fort is $1,040 which is much lower than the US national average of $1,430. Additionally, the grocery cost index in Cedar Fort is 94 versus 100 in the US meaning groceries are even cheaper than the national average. Local businesses in Cedar Fort include Deseret Dairy Queen, La Reina Bakery, Zip’s Drive-In Restaurant, and Dollar General Store. All these businesses offer unique services that cater to the local community at an affordable price. Therefore, Cedar Fort offers a peaceful environment for those looking for a lower cost of living without sacrificing access to amenities or responsibilities of larger cities.

Cedar Fort has an unemployment rate of 2.5%. The US average is 6.0%.

Cedar Fort has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 51.7%, which is higher than the US average of 33.5%.

Tax Rates for Cedar Fort
- The Sales Tax Rate for Cedar Fort is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Cedar Fort 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 Fort
- The average income of a Cedar Fort resident is $27,627 a year. The US average is $28,555 a year.
- The Median household income of a Cedar Fort resident is $90,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCedar Fort, UtahUnited States
  2.56
  0.4%-6.2%
  51.7%33.5%
  6.8%6.2%
  5.0%4.6%
  $29,690$37,638
  $90,250$69,021
  $91,500$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  29.5%6.8%
  0.0%10.0%
  2.6%2.5%
  23.1%11.0%
  2.6%4.8%
  3.8%0.8%
  3.8%1.9%
  0.0%4.7%
  0.0%1.9%
  15.4%7.6%
  0.0%0.1%
  5.1%4.2%
  5.1%9.3%
  9.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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