Holden, UT Economy


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United States / Utah / No Metro Area / Millard County / Holden / Zip Codes
Holden, UT is a small rural town located in Utah. It has a population of around 500 people and is known for its low cost of living. The average 2 bedroom rent in Holden, UT is just $840 per month compared to the US average of $1,430 for the same size apartments. Additionally, the Grocery Cost Index in Holden is 92 versus 100 in the US. This makes it an attractive option for those looking to save money on their living expenses. There are also many local companies that provide employment opportunities to residents such as All Star Aggregates and Holden Dairy Farm. With its low cost of living and job opportunities available, Holden provides a great opportunity for those looking to put down roots in this small town.

Holden has an unemployment rate of 2.4%. The US average is 6.0%.

Holden has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.

Tax Rates for Holden
- The Sales Tax Rate for Holden is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Holden 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 Holden
- The average income of a Holden resident is $19,309 a year. The US average is $28,555 a year.
- The Median household income of a Holden resident is $72,083 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHolden, UtahUnited States
  2.46
  -2.3%-6.2%
  33.1%33.5%
  6.2%6.2%
  5.0%4.6%
  $27,125$37,638
  $72,083$69,021
  $74,167$85,028
  Population by Occupation
  12.4%1.2%
  3.1%0.5%
  11.9%6.8%
  0.4%10.0%
  0.0%2.5%
  5.3%11.0%
  0.9%4.8%
  6.2%0.8%
  0.0%1.9%
  2.7%4.7%
  3.1%1.9%
  7.5%7.6%
  0.0%0.1%
  2.7%4.2%
  10.2%9.3%
  11.5%14.0%
  0.9%2.1%
  7.5%7.0%
  4.0%4.8%
  9.7%4.7%
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