Midvale, UT is a city located in Salt Lake County with a population of over 35,000 people. It is situated between the cities of Murray and West Jordan and minutes away from downtown Salt Lake City. Midvale offers many local businesses like Smith’s Food & Drug Centers, Inc., Home Depot, Walmart Supercenter and US Bank. The median rent for a 2 bedroom house in Midvale is $1,450 which is slightly more expensive than the US average of $1,430. Similarly, when it comes to groceries, the Grocery Cost Index in Midvale is 94 versus 100 in the rest of the US making it more affordable than other places.
Midvale has an unemployment rate of 3.3%. The US average is 6.0%.
Midvale has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 41.4%, which is higher than the US average of 33.5%.
Tax Rates for Midvale
- The Sales Tax Rate for Midvale is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Midvale 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 Midvale
- The average income of a Midvale resident is $33,236 a year. The US average is $37,638 a year.
- The Median household income of a Midvale resident is $65,897 a year. The US average is $69,021 a year.