Price, UT Economy


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Price, UT is a small city located in Eastern Utah known for its amazing outdoor activities such as fishing, camping, and hunting. It is also home to several companies including Price City Corporation, Price River Water Improvement District, and Carbon School District. The cost of living in Price is generally lower than that of the US as a whole; for example, rent for a two bedroom apartment is about $830 compared to around $1,430 nationwide. Furthermore, grocery costs are also lower here with an index score of 91 compared to 100 nationally. All things considered, Price can be an attractive option for families looking for affordable living in close proximity to Utah's many outdoor attractions.

Price has an unemployment rate of 4.1%. The US average is 6.0%.

Price has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 18.5%, which is lower than the US average of 33.5%.

Tax Rates for Price
- The Sales Tax Rate for Price is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Price 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 Price
- The average income of a Price resident is $19,509 a year. The US average is $28,555 a year.
- The Median household income of a Price resident is $45,429 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPrice, UtahUnited States
  4.16
  -1.2%-6.2%
  18.5%33.5%
  6.6%6.2%
  5.0%4.6%
  $21,241$37,638
  $45,429$69,021
  $53,429$85,028
  Population by Occupation
  0.2%1.2%
  5.9%0.5%
  4.9%6.8%
  10.6%10.0%
  1.5%2.5%
  9.5%11.0%
  2.8%4.8%
  1.2%0.8%
  1.7%1.9%
  2.8%4.7%
  1.3%1.9%
  2.2%7.6%
  0.0%0.1%
  4.6%4.2%
  11.3%9.3%
  13.3%14.0%
  2.3%2.1%
  11.9%7.0%
  7.2%4.8%
  4.8%4.7%
Reviews for Price
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Over 2 years ago

I just moved here from Arizona. Before that I lived in Layton and kaysville. I love it here! It's quiet, everything you need is literally minutes away. Hardly any  More

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I was here for a short time when I first came to Utah. I thought it was a nice city, with friendly people. People did wish me well, and it seemed peaceful and  More

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Over 10 years ago

A small town with all the benefits. An hour or less from almost anything you could need - shopping to boating , fishing to hiking you name it and all this with one of  More

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