Oak City, UT is a unique city with many opportunities to work and live. With its low 2 Bedroom Rents ($830) and Grocery Cost Index (92 versus 100 in the US), Oak City is a perfect place for families or individuals on a budget. The city offers many local companies such as Nolte’s Auto Repair, Oak Country Market, and Scamper's Pro Shop that offer their services to the locals. With plenty of entertainment, dining, and shopping options available in the area, Oak City is an ideal destination for anyone looking for affordable living in a vibrant community.
Oak City has an unemployment rate of 2.4%. The US average is 6.0%.
Oak City has seen the job market decrease by -2.3% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.
Tax Rates for Oak City
- The Sales Tax Rate for Oak City is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Oak City 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 Oak City
- The average income of a Oak City resident is $27,094 a year. The US average is $37,638 a year.
- The Median household income of a Oak City resident is $64,664 a year. The US average is $69,021 a year.