Junction, UT is a small town with a population of approximately 8,914. The living cost in the town is relatively low compared to other parts of the US; 2 bedroom rent is $840 while the national average for 2 bedroom rent is $1,430. The grocery cost index in Junction, UT is 92 versus 100 in the US. As a result, it has become an attractive place for people who want to enjoy quality living at an affordable price.
The city has a range of local companies and amenities that attract residents from all over Utah and beyond. Businesses such as ECCO Shoes, True Value Hardware Store, and Junction Auto & Tire provide services to residents while restaurants like Pizza Hut, Dairy Queen, and Subway offer delicious meals for people wanting to dine out. There are also recreational centers such as Junction Family Aquatic Center which provides fun activities for all ages during summertime. Finally, there are several churches around town such as The Church of Jesus Christ of Latter-day Saints which give locals a place to worship.
Junction has an unemployment rate of 5.1%. The US average is 6.0%.
Junction has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Junction
- The Sales Tax Rate for Junction is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Junction 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 Junction
- The average income of a Junction resident is $13,919 a year. The US average is $37,638 a year.
- The Median household income of a Junction resident is $0 a year. The US average is $69,021 a year.