Francis, UT Economy


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United States / Utah / No Metro Area / Summit County / Francis / Zip Codes
Francis, UT is a small yet vibrant town located in the Wasatch Front region of the state. It offers a unique living experience for its residents, with many amenities and activities to take part in. The 2 bedroom rent in Francis, UT is around $2,560 per month, which is significantly more than the US average of $1,430. Additionally, the Grocery Cost Index in Francis is 94 versus the US index of 100.
The town has several well-known companies such as Francis City Hall, Francis Auto Repair & Supply Co., Francis Veterinary Services Clinic and Grandma’s Bakery & Cafe. These local businesses provide employment opportunities and services for its residents. Overall, Francis is an ideal place to live for those looking to enjoy a peaceful and comfortable lifestyle with many amenities nearby.

Francis has an unemployment rate of 2.8%. The US average is 6.0%.

Francis has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.

Tax Rates for Francis
- The Sales Tax Rate for Francis is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Francis 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 Francis
- The average income of a Francis resident is $29,405 a year. The US average is $28,555 a year.
- The Median household income of a Francis resident is $97,708 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFrancis, UtahUnited States
  2.86
  -7.4%-6.2%
  39.6%33.5%
  6.6%6.2%
  5.0%4.6%
  $36,776$37,638
  $97,708$69,021
  $113,542$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  10.6%6.8%
  4.7%10.0%
  3.8%2.5%
  6.3%11.0%
  6.0%4.8%
  1.7%0.8%
  7.0%1.9%
  2.9%4.7%
  7.6%1.9%
  5.2%7.6%
  0.0%0.1%
  3.8%4.2%
  8.1%9.3%
  13.5%14.0%
  4.3%2.1%
  4.9%7.0%
  4.1%4.8%
  5.4%4.7%
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