Stockton, UT is a small city located in the northern part of the state. It is known for its convenient access to nearby ski resorts and recreational activities. The cost of living is relatively low, with the average 2-bedroom rent at just $1,060 compared to the US average of $1,430. Grocery costs are also lower than in most other parts of the nation, with an index score of 94 versus 100 in the US. Some notable local companies include Stockton Food Store, Summerhill Farms Dairy, and Gossner Foods. All three businesses are family-owned and have been operating for decades. They provide jobs for hundreds of locals and offer fresh, affordable food products to residents.
Stockton has an unemployment rate of 3.0%. The US average is 6.0%.
Stockton has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 44.2%, which is higher than the US average of 33.5%.
Tax Rates for Stockton
- The Sales Tax Rate for Stockton is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Stockton 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 Stockton
- The average income of a Stockton resident is $25,400 a year. The US average is $28,555 a year.
- The Median household income of a Stockton resident is $79,167 a year. The US average is $69,021 a year.