Hyrum, UT is a great place to live and work. The average rent for a 2 bedroom apartment is $1,000, which is much lower than the national average of $1,430. Additionally, the local grocery cost index in Hyrum is 92 compared to the US average of 100, making it an affordable place to live. There are many local companies and attractions in Hyrum that make it a great place to call home. Some of these include Smithfield Foods Incorporated, LaFamilia Pizza & Subs, and Scenic Hills Golf Course. With its reasonable cost of living and plenty of activities to choose from, Hyrum is a great town with something for everyone.
Hyrum has an unemployment rate of 2.0%. The US average is 6.0%.
Hyrum has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 38.3%, which is higher than the US average of 33.5%.
Tax Rates for Hyrum
- The Sales Tax Rate for Hyrum is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hyrum 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 Hyrum
- The average income of a Hyrum resident is $23,616 a year. The US average is $37,638 a year.
- The Median household income of a Hyrum resident is $73,971 a year. The US average is $69,021 a year.