Herriman, UT Economy


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Herriman, UT is a rapidly growing city located in Salt Lake County. The cost of living in this area is slightly higher than the national average with 2-bedroom rent costing $1,850 compared to the US average of $1,430. Grocery costs are also higher at a cost index of 97 compared to the US index of 100. Popular local companies in Herriman include Black Diamond Gymnastics, Middendorf Homes and Property Management Solutions to name a few. This thriving community offers plenty of opportunities for locals to take advantage of while enjoying the beautiful surrounding western landscape.

Herriman has an unemployment rate of 3.0%. The US average is 6.0%.

Herriman has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 69.9%, which is higher than the US average of 33.5%.

Tax Rates for Herriman
- The Sales Tax Rate for Herriman is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Herriman 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 Herriman
- The average income of a Herriman resident is $34,308 a year. The US average is $37,638 a year.
- The Median household income of a Herriman resident is $109,154 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHerriman, UtahUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Herriman
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I have lived in the area and it’s surrounding areas since 2008 and it is a wonderful place to live constantly growing great schools and a wonderful place for families  More

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Over 11 years ago

Herriman is a growing community and a great place to raise a family!  More

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