Layton, UT is a great place for those looking for an affordable cost of living. Rent is cheaper than the US average at $1,450 for an average two bedroom apartment, while the grocery cost index is 94 compared to 100 in the US. Layton has many companies that offer diverse opportunities to citizens. Hill Air Force Base is an active base located in Layton and employs thousands of workers and offers services such as laboratories, medical centers, schools and housing facilities. Another major employer in Layton is ATK Aerospace Structures which specializes in composite structures for aircrafts and space applications. Layton also contains various other businesses that serve local residents such as Freedom Ford which provides automotive service; Old World Market which specializes in European foods; and UTC Industries which produces electronic components for commercial industries.
Layton has an unemployment rate of 2.6%. The US average is 6.0%.
Layton 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 41.2%, which is higher than the US average of 33.5%.
Tax Rates for Layton
- The Sales Tax Rate for Layton is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Layton 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 Layton
- The average income of a Layton resident is $25,984 a year. The US average is $28,555 a year.
- The Median household income of a Layton resident is $85,224 a year. The US average is $69,021 a year.