West Point, UT is a small town situated in the northern part of Utah. This quaint and peaceful town is home to several local businesses such as West Point Dairy, Cedar Ridge Meats, and Gaylor Electric. With a population of fewer than 8,000 residents, West Point offers affordable rental prices for two bedroom units at $1,400 compared to the US average of $1,430. Additionally, the Grocery Cost Index in West Point is 93 versus the 100 in the US. The cost of living here remains low even with its proximity to larger cities like Ogden and Salt Lake City.
West Point has an unemployment rate of 2.5%. The US average is 6.0%.
West Point has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 41.0%, which is higher than the US average of 33.5%.
Tax Rates for West Point
- The Sales Tax Rate for West Point is 6.9%. The US average is 7.3%.
- The Income Tax Rate for West Point 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 West Point
- The average income of a West Point resident is $22,312 a year. The US average is $28,555 a year.
- The Median household income of a West Point resident is $103,975 a year. The US average is $69,021 a year.