Saratoga Springs, UT is a growing city located in the United States. It is known for its beautiful landscapes, friendly people, and affordable housing. The average two bedroom rent cost in Saratoga Springs is $1,650 which is much lower than the US average of $1,430. Grocery costs within the city are slightly below the national average with an index of 97 versus 100 in the US.
Saratoga Springs is home to many businesses such as Nu Skin Enterprises, Peak Performance Products Inc., and Utah Valley University. With its low unemployment rate and high job growth rate, it's no wonder why so many people are choosing to make Saratoga Springs their home. For those looking to move to or visit this great city they will find plenty of activities to keep them entertained such as visiting nearby lakes and parks or hiking part of the Wasatch Mountains.
Saratoga Springs has an unemployment rate of 2.5%. The US average is 6.0%.
Saratoga Springs has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 51.7%, which is higher than the US average of 33.5%.
Tax Rates for Saratoga Springs
- The Sales Tax Rate for Saratoga Springs is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Saratoga Springs 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 Saratoga Springs
- The average income of a Saratoga Springs resident is $22,087 a year. The US average is $28,555 a year.
- The Median household income of a Saratoga Springs resident is $106,844 a year. The US average is $69,021 a year.