Wales, UT is a town located in western Utah. It is known for its small-town feel, with the population of Wales estimated to be around 500 people. It's also known for its affordability compared to other areas of Utah, with 2 bedroom rent costing $860 versus the US average of $1,430. Additionally, the Grocery Cost Index for Wales is 92 versus 100 in the US. As such, locals can benefit from lower prices when it comes to groceries. Local businesses that call Wales home are The Wales Racing Experience, Uintah ATV Rentals & Repair, and Townsend Brothers Outdoor Adventure Company. With its affordable housing market and low cost of living overall, Wales offers an ideal location for those looking for a quiet place to live close to nature in Utah.
Wales has an unemployment rate of 3.0%. The US average is 6.0%.
Wales has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 40.7%, which is higher than the US average of 33.5%.
Tax Rates for Wales
- The Sales Tax Rate for Wales is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Wales 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 Wales
- The average income of a Wales resident is $14,198 a year. The US average is $28,555 a year.
- The Median household income of a Wales resident is $78,750 a year. The US average is $69,021 a year.