Deseret, UT is an ideal place to live for many reasons. It has a low cost of living, with 2 bedroom rent averaging only $820, and the Grocery Cost Index (GCI) coming in at just 93 versus 100 for the US. For young professionals looking to start their career or families wanting to save money on essential expenses, Deseret is the perfect choice. Residents here enjoy access to top employers like ATK Aerospace Structures and Zions Bank as well as multicultural events and activities throughout the year. With great job opportunities and affordable prices, Deseret stands out among other cities in Utah.
Deseret has an unemployment rate of 2.4%. The US average is 6.0%.
Deseret has seen the job market decrease by -2.3% 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 Deseret
- The Sales Tax Rate for Deseret is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Deseret 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 Deseret
- The average income of a Deseret resident is $21,448 a year. The US average is $37,638 a year.
- The Median household income of a Deseret resident is $0 a year. The US average is $69,021 a year.