Castle Valley, UT is a great place to live and work, with many local businesses and amenities. The cost of living in Castle Valley is very affordable, with two bedroom rents averaging around $1,200 per month compared to the US average of $1,430. Grocery costs are also quite low in Castle Valley at 95 versus 100 in the US. There are many thriving businesses such as Acme Industries, LexiSol Technologies and WorldWide Interiors that contribute to the local economy. The town also offers plenty of recreational activities to enjoy such as walking trails and parks. All this makes Castle Valley a great place for those seeking an affordable place to live with plenty of amenities and activities to enjoy.
Castle Valley has an unemployment rate of 4.8%. The US average is 6.0%.
Castle Valley has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 42.8%, which is higher than the US average of 33.5%.
Tax Rates for Castle Valley
- The Sales Tax Rate for Castle Valley is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Castle Valley 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 Castle Valley
- The average income of a Castle Valley resident is $23,879 a year. The US average is $28,555 a year.
- The Median household income of a Castle Valley resident is $46,667 a year. The US average is $69,021 a year.