Cleveland, UT is a small town located in Utah County. It offers its residents an affordable cost of living, with the average 2 bedroom rent at $810 compared to the US average of $1,430. Grocery costs are also lower in Cleveland than the national average at 94 on the grocery cost index versus 100 in the US. Local companies include Teton Meats, Inc., Utah Valley Home Builders, and C&R Electric, all providing employment opportunities for residents. In addition to these businesses, Cleveland offers unique attractions such as Tibble Fork Reservoir and Slate Canyon Recreation Area for outdoor recreation and relaxation.
Cleveland has an unemployment rate of 4.8%. The US average is 6.0%.
Cleveland has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 20.8%, which is lower than the US average of 33.5%.
Tax Rates for Cleveland
- The Sales Tax Rate for Cleveland is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Cleveland 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 Cleveland
- The average income of a Cleveland resident is $25,711 a year. The US average is $37,638 a year.
- The Median household income of a Cleveland resident is $82,609 a year. The US average is $69,021 a year.