Paradise, UT Economy


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Paradise, UT is a great place to call home. The cost of living in Paradise is much lower than in other parts of the United States. Rent for a two bedroom apartment is just $940 compared to the national average of $1,430. Groceries are also much cheaper in Paradise with an index score of 95 versus 100 nationally. In addition to reasonable living costs, Paradise is home to many thriving businesses such as Food For Less, a popular grocery store chain, and AT&T Mobility, an established telecommunications company. With low costs and vibrant business culture, Paradise offers something for everyone.

Paradise has an unemployment rate of 2.0%. The US average is 6.0%.

Paradise has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 38.3%, which is higher than the US average of 33.5%.

Tax Rates for Paradise
- The Sales Tax Rate for Paradise is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Paradise 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 Paradise
- The average income of a Paradise resident is $28,677 a year. The US average is $37,638 a year.
- The Median household income of a Paradise resident is $74,519 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyParadise, UtahUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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