Torrey, UT is a small city located in beautiful Garfield County. This scenic town boasts stunning views of the red rock canyon walls and offers plenty of outdoor recreation opportunities. It’s also home to several local businesses, such as Torrey Trading Post, Rocking Horse Cafe, and Western Ride Bicycle Adventures. The cost of living in Torrey is slightly higher than the US average, with the 2 bedroom rent costing $1,720 compared to the US average of $1,430 and the Grocery Cost index being 94 versus 100 in the US. Despite this slightly higher cost of living, Torrey is an ideal place for those looking to enjoy a quieter lifestyle surrounded by nature.
Torrey has an unemployment rate of 6.3%. The US average is 6.0%.
Torrey has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.
Tax Rates for Torrey
- The Sales Tax Rate for Torrey is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Torrey 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 Torrey
- The average income of a Torrey resident is $27,385 a year. The US average is $37,638 a year.
- The Median household income of a Torrey resident is $56,125 a year. The US average is $69,021 a year.