Hideout, UT Economy


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Hideout, UT is a charming small town located in Wasatch County. The town has an array of local businesses and amenities to offer, such as the Hideout Market, Hideout Bar & Grill, Hideout Saloon, and several other restaurants and local shops. The cost of living in Hideout is slightly higher than the US average; 2 bedroom rent is $2,550 versus $1,430 nationally and grocery costs are 94 on the index versus 100 in the US. Despite the higher costs, Hideout offers its residents a peaceful environment with plenty of outdoor activities such as hiking trails, fishing spots and skiing resorts.

Hideout has an unemployment rate of 3.0%. The US average is 6.0%.

Hideout has seen the job market increase by 3.8% over the last year. Future job growth over the next ten years is predicted to be 54.6%, which is higher than the US average of 33.5%.

Tax Rates for Hideout
- The Sales Tax Rate for Hideout is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Hideout 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 Hideout
- The average income of a Hideout resident is $16,828 a year. The US average is $28,555 a year.
- The Median household income of a Hideout resident is $63,333 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHideout, UtahUnited States
  36
  -2.7%-6.2%
  54.6%33.5%
  4.7%6.2%
  5.0%4.6%
  $29,046$37,638
  $63,333$69,021
Family Median Income 85028
Reviews for Hideout
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I've lived in Hideout, UT for 10 years and it USE to be wonderful and lots of animals! Now there are traffic jams, police sirens and unaffordable housing because they  More

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