Erda, UT is an excellent location for those looking for affordability and convenience. With a two bedroom rental costing only $1,220 compared to the US average of $1,430, rent in Erda is significantly lower than other places. Furthermore, the Grocery Cost Index in Erda is 93 versus 100 in the US indicating that groceries are cheaper in this town as well.
Residents of Erda have access to many employment opportunities with local companies like Cherry Creek Mine, Veracity and Huntsman Corporation providing jobs in a variety of fields. There are also recreational opportunities such as hiking trails and outdoor activities at nearby lakes or rivers. Additionally, there are several local restaurants for residents to enjoy.
Overall, Erda provides an affordable cost of living combined with recreational activities making it a great place to call home. The combination of local job opportunities with cost-effective groceries and housing make it ideal for those looking to save money while enjoying life.
Erda has an unemployment rate of 3.0%. The US average is 6.0%.
Erda has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 44.2%, which is higher than the US average of 33.5%.
Tax Rates for Erda
- The Sales Tax Rate for Erda is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Erda 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 Erda
- The average income of a Erda resident is $33,502 a year. The US average is $37,638 a year.
- The Median household income of a Erda resident is $135,932 a year. The US average is $69,021 a year.