Panguitch, UT is a beautiful city located in southwestern Utah. It has become a popular destination for residents and tourists alike due to its stunning scenery and array of attractions. The rent for a two-bedroom apartment is very affordable at $830 per month compared to the average in the US which is $1,430. The grocery cost index is also lower in Panguitch than the national average, making it an ideal location for those seeking to save on costs. There are plenty of local businesses that contribute to the city's vibrant atmosphere such as Bank of Utah, Garkane Energy, Panguitch Valley Orchard & Farm Market, and Bear Paw Cafe & Trading Post. In addition to businesses, there are many attractions such as Bryce Canyon National Park, Red Canyon Trail Rides, and Red Rock Bicycle Tours.
Panguitch has an unemployment rate of 9.2%. The US average is 6.0%.
Panguitch has seen the job market decrease by -9.2% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Panguitch
- The Sales Tax Rate for Panguitch is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Panguitch 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 Panguitch
- The average income of a Panguitch resident is $19,166 a year. The US average is $37,638 a year.
- The Median household income of a Panguitch resident is $0 a year. The US average is $69,021 a year.