Providence, UT is a city located in Cache Valley that offers many activities for residents to participate in. The cost of living is relatively low and a two-bedroom rental averages $1,170 which is lower than the national average of $1,430. Additionally, the Grocery Cost Index in Providence is 94 versus 100 in the US. Popular local companies located in Providence include Cache Valley Electric Company, Red Wagon Plants & Produce, and Valley Video Productions. Residents can also enjoy various recreational activities such as hiking at Logan Canyon National Recreation Area, biking on the trails near Tony Grove Lake, or fishing at Hyrum Reservoir. With its affordable housing prices and recreational activities, Providence is an attractive place to live and visit.
Providence has an unemployment rate of 2.0%. The US average is 6.0%.
Providence has seen the job market increase by 1.0% 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 Providence
- The Sales Tax Rate for Providence is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Providence 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 Providence
- The average income of a Providence resident is $23,658 a year. The US average is $28,555 a year.
- The Median household income of a Providence resident is $89,167 a year. The US average is $69,021 a year.