Meadow, UT is a small city in Utah located in the Wasatch Range that offers residents a quiet, rural atmosphere perfect for raising a family. The average rent for a two-bedroom apartment is $820 per month, which is significantly lower than the national average of $1,430 per month. In addition to affordable housing costs, Meadow has also been found to have low grocery costs compared to the national average; its Grocery Cost Index of 92 versus 100 is a great benefit to local residents. For those wanting to start or expand their business, Meadow offers many opportunities as it's home to companies such as Big Mountain Mining and Elan Resources. Sources: https://www.areavibes.com/meadow-ut/housing/ & https://www.numbeo.com/cost-of-living/in/Meadow
Meadow has an unemployment rate of 2.4%. The US average is 6.0%.
Meadow 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 Meadow
- The Sales Tax Rate for Meadow is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Meadow 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 Meadow
- The average income of a Meadow resident is $20,586 a year. The US average is $28,555 a year.
- The Median household income of a Meadow resident is $44,464 a year. The US average is $69,021 a year.