Santaquin, UT Economy


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Santaquin, UT is a small town located in the beautiful state of Utah. It offers its residents a relaxed lifestyle with plenty of outdoor activities like hiking and biking in the nearby mountains, as well as easy access to shopping and entertainment. The cost of living in Santaquin is quite affordable with a two bedroom rent at $1,020 while the US average is $1,430. Additionally, the Grocery Cost Index for Santaquin is 95 compared to 100 in the US. There are some local businesses such as Santaquin Hardware, Santaquin Golf Course, Thompson Chevron Gas Station and C&C Pizza that provide goods and services for residents. All in all, Santaquin provides an ideal balance between value for money and quality of life!

Santaquin has an unemployment rate of 2.5%. The US average is 6.0%.

Santaquin has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 51.7%, which is higher than the US average of 33.5%.

Tax Rates for Santaquin
- The Sales Tax Rate for Santaquin is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Santaquin 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 Santaquin
- The average income of a Santaquin resident is $17,316 a year. The US average is $28,555 a year.
- The Median household income of a Santaquin resident is $82,057 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySantaquin, UtahUnited States
  2.56
  0.4%-6.2%
  51.7%33.5%
  6.8%6.2%
  5.0%4.6%
  $24,215$37,638
  $82,057$69,021
  $86,763$85,028
  Population by Occupation
  3.7%1.2%
  0.5%0.5%
  9.9%6.8%
  15.3%10.0%
  1.9%2.5%
  13.2%11.0%
  4.6%4.8%
  1.0%0.8%
  1.6%1.9%
  2.7%4.7%
  0.8%1.9%
  7.9%7.6%
  0.0%0.1%
  1.9%4.2%
  11.8%9.3%
  12.0%14.0%
  2.0%2.1%
  2.1%7.0%
  4.0%4.8%
  2.8%4.7%
Reviews for Santaquin
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As part of the Nebo Comfort Systems Community of Caring program, our employees go in to CS Lewis Academy in Santaquin each month to read with the kindergarten classes.  More

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Over 12 years ago

It is a small town close to work and  More

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