Riverton, UT is a small city located in Utah County. Its population is estimated to around 35,000 people and it is known for its picturesque scenery with views of the Wasatch Mountains. The cost of living in Riverton is relatively low when compared to the US as a whole, with 2 bedroom rent averaging at $1,890 compared to the US average of $1,430 and a grocery cost index of 97 which is lower than the national average of 100. Local businesses in Riverton include Smith’s Food & Drug Stores, Big O Tires, Riverton Valley Veterinary Hospital, and Pronghorn Glass.
Riverton has an unemployment rate of 2.2%. The US average is 6.0%.
Riverton has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 43.7%, which is higher than the US average of 33.5%.
Tax Rates for Riverton
- The Sales Tax Rate for Riverton is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Riverton 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 Riverton
- The average income of a Riverton resident is $36,399 a year. The US average is $37,638 a year.
- The Median household income of a Riverton resident is $107,674 a year. The US average is $69,021 a year.