Randolph, UT Economy


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United States / Utah / No Metro Area / Rich County / Randolph / Zip Codes
Randolph, UT is a small city in Northern Utah with a population of around 1,000 people. It is located close to Wasatch Mountain State Park and has several local businesses such as Big Hollow Grocery Store, G&G Automotive Repair, and J.R's Auto Body & Paint. Randolph is known for being one of the most affordable places to live in the US, with two bedroom rents costing only $800 compared to the national average of $1,430. Additionally, grocery costs are also significantly lower than the national average; the Grocery Cost Index in Randolph is 91 versus 100 for the US.

Randolph has an unemployment rate of 3.5%. The US average is 6.0%.

Randolph has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 48.5%, which is higher than the US average of 33.5%.

Tax Rates for Randolph
- The Sales Tax Rate for Randolph is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Randolph 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 Randolph
- The average income of a Randolph resident is $19,174 a year. The US average is $37,638 a year.
- The Median household income of a Randolph resident is $83,068 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRandolph, 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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