Millcreek, UT Economy


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Millcreek, UT is a great place to live and work. Located in Salt Lake County, the city offers many opportunities for its residents with several local businesses like JB's Bar & Grill, Peter's Place Grocery Store, The Coffee Beanery and Millcreek Family Restaurant providing services. The average rent for a two-bedroom apartment in Millcreek is $1,560 which is lower than the national average of $1,430. Additionally, the grocery cost index in Millcreek is 97 compared to 100 in the US. With affordable housing and low living costs, Millcreek can be an ideal place to call home.

Millcreek has an unemployment rate of 2.7%. The US average is 6.0%.

Millcreek has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.

Tax Rates for Millcreek
- The Sales Tax Rate for Millcreek is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Millcreek 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 Millcreek
- The average income of a Millcreek resident is $32,362 a year. The US average is $28,555 a year.
- The Median household income of a Millcreek resident is $81,577 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMillcreek, UtahUnited States
  2.76
  -1.4%-6.2%
  41.3%33.5%
  7.1%6.2%
  5.0%4.6%
  $46,577$37,638
  $81,577$69,021
  $103,223$85,028
  Population by Occupation
  0.3%1.2%
  0.3%0.5%
  4.8%6.8%
  8.4%10.0%
  2.2%2.5%
  10.9%11.0%
  4.4%4.8%
  0.3%0.8%
  2.2%1.9%
  6.7%4.7%
  2.4%1.9%
  10.4%7.6%
  0.2%0.1%
  4.5%4.2%
  10.7%9.3%
  14.9%14.0%
  2.4%2.1%
  6.1%7.0%
  4.6%4.8%
  3.4%4.7%
Reviews for Millcreek
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Convenient, close to everything, groceries are VERY expensive, close to the canyons , TONS of traffic, cute coffee shops, but unfortunately very poor law enforcement  More

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This was a beautiful area where I enjoyed taking evening walks and going to the store , area is made up of upper middle class families and rents start at $900---- we are  More

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Best things about the Salt Lake City area are the winter sports opportunities and summer camping, fishing, hiking. Also we have a lower than avg unemployment rate. Crime  More

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