Levan, UT Economy


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Levan, UT is a small town located in Utah County, about 90 miles south of Salt Lake City. It has a population of approximately 2,000 people and offers some unique advantages to anyone looking for an affordable place to live. The two-bedroom rent in Levan is significantly cheaper than the national average at just $960 per month compared to the US average of $1,430. Grocery costs are also lower with an index of 91 compared to the US index of 100.
There are several companies that call Levan home such as the Barrow’s Paint & Supply store, Temple Fork Farms, and Oxford Paving Co. Visitors will find numerous attractions around town such as Gardner Village which features local restaurants and artisan shops, Fish Lake National Park which is nearby and offers fishing opportunities for visitors and locals alike, and Starvation State Park which is used for camping, hunting, boating, and more. All in all Levan provides its residents with a small town atmosphere combined with plenty of activities.

Levan has an unemployment rate of 2.3%. The US average is 6.0%.

Levan has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 53.5%, which is higher than the US average of 33.5%.

Tax Rates for Levan
- The Sales Tax Rate for Levan is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Levan 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 Levan
- The average income of a Levan resident is $20,782 a year. The US average is $28,555 a year.
- The Median household income of a Levan resident is $65,357 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLevan, UtahUnited States
  2.36
  0.4%-6.2%
  53.5%33.5%
  6.0%6.2%
  5.0%4.6%
  $24,186$37,638
  $65,357$69,021
  $75,000$85,028
  Population by Occupation
  5.3%1.2%
  1.3%0.5%
  11.0%6.8%
  15.7%10.0%
  1.6%2.5%
  9.4%11.0%
  2.5%4.8%
  1.6%0.8%
  4.7%1.9%
  4.4%4.7%
  1.3%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  8.8%9.3%
  7.2%14.0%
  2.8%2.1%
  6.6%7.0%
  7.9%4.8%
  7.9%4.7%
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