Farr West, UT is a wonderful place to live and work. It offers a number of amenities including local businesses such as River View Shopping Center, Kimball's Sporting Goods, and Porter's Grocery Store. The area also has an abundance of outdoor activities, from hiking to skiing on the nearby mountains. Additionally, Farr West has a cost of living index that is lower than the United States average; two bedroom rent in Farr West is $1,200 while US two bedroom rent averages $1,430. Further, grocery costs in Farr West are 92 versus 100 in the US. All these factors make Farr West an attractive destination for those looking to move or relocate to the area.
Farr West has an unemployment rate of 3.1%. The US average is 6.0%.
Farr West has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 39.4%, which is higher than the US average of 33.5%.
Tax Rates for Farr West
- The Sales Tax Rate for Farr West is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Farr West 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 Farr West
- The average income of a Farr West resident is $27,188 a year. The US average is $28,555 a year.
- The Median household income of a Farr West resident is $98,088 a year. The US average is $69,021 a year.