Loa, Utah is a small town in Wayne County that is known for its friendly locals and tranquil atmosphere. The two bedroom rent in Loa costs about $810, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Loa is 92 compared to 100 nationally. This makes living expenses in Loa more affordable than elsewhere in the US. There are many local businesses in Loa like Butch's Tire & Automotive Services, Wayne Mountain Building Supply and Wayne's Wrench Automotive Repair. These companies provide vital services to the local community and help create jobs for residents of Loa.
Loa has an unemployment rate of 6.3%. The US average is 6.0%.
Loa has seen the job market increase by 0.3% 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 Loa
- The Sales Tax Rate for Loa is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Loa 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 Loa
- The average income of a Loa resident is $18,251 a year. The US average is $28,555 a year.
- The Median household income of a Loa resident is $60,000 a year. The US average is $69,021 a year.