Bountiful, UT is a suburb located just north of Salt Lake City and has a population of around 44,000. It is an ideal place for anyone looking to live close to the city without having to pay the higher rent prices. The average 2 bedroom rent in Bountiful is $1,390 as compared to the US average of $1,430. Additionally, groceries are more affordable in Bountiful with a grocery cost index of 95 versus 100 in the US. There are many attractions and local businesses in Bountiful such as Willard Peak Park which offers camping, hiking and skiing; Farmington Station which features restaurants and shops; Eaglewood Golf Course; and The Utah State Fairgrounds which offers music festivals and events throughout the year.
Bountiful has an unemployment rate of 2.7%. The US average is 6.0%.
Bountiful 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 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Bountiful
- The Sales Tax Rate for Bountiful is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Bountiful 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 Bountiful
- The average income of a Bountiful resident is $28,789 a year. The US average is $28,555 a year.
- The Median household income of a Bountiful resident is $89,365 a year. The US average is $69,021 a year.