American Fork, UT is an attractive and pleasant place to call home. The 2 bedroom rent in the area is $1,350 which is slightly lower than the US average at $1,430. Additionally, the cost of groceries index in American Fork stands at 97 compared to 100 nationally. This means that groceries in the local area are marginally cheaper than in the rest of the country.
Additionally, American Fork has a great job market with some of the biggest companies located here such as Nu Skin Enterprises, Merit Medical Systems Inc., Qualtrics and Vivint Smart Home. The highly-rated schools in this city also make it a popular spot for families and young professionals alike. With its high-quality job opportunities and affordable lifestyle costs, it's no surprise why many people want to call American Fork home.
American Fork has an unemployment rate of 2.8%. The US average is 6.0%.
American Fork 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 48.0%, which is higher than the US average of 33.5%.
Tax Rates for American Fork
- The Sales Tax Rate for American Fork is 6.9%. The US average is 7.3%.
- The Income Tax Rate for American Fork 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 American Fork
- The average income of a American Fork resident is $21,371 a year. The US average is $28,555 a year.
- The Median household income of a American Fork resident is $82,772 a year. The US average is $69,021 a year.