Honeyville, UT is a small city located near the Wasatch Mountains in Utah. It is known for its rural atmosphere and strong sense of community. The cost of living in Honeyville is lower than the national average due to the low rental rates; two bedroom apartments can rent for as low as $930 per month. Grocery costs are also lower than the national average, with a grocery cost index of 92 versus 100 in the US. Local businesses include Honeyville Hardware & Supply Company, an independent hardware store that has been in operation since 1984, and Rocky Mountain Pies, a family-run bakery that has been serving up handmade pies since 1996. All in all, Honeyville offers families and individuals an affordable place to live that still maintains its small-town charm.
Honeyville has an unemployment rate of 2.5%. The US average is 6.0%.
Honeyville 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 39.8%, which is higher than the US average of 33.5%.
Tax Rates for Honeyville
- The Sales Tax Rate for Honeyville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Honeyville 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 Honeyville
- The average income of a Honeyville resident is $27,785 a year. The US average is $28,555 a year.
- The Median household income of a Honeyville resident is $94,375 a year. The US average is $69,021 a year.