Smithfield, UT is a great city to live in with affordable rent and low grocery costs. It is a small community located in the scenic Cache Valley of Northern Utah. The city offers its residents plenty of local businesses to shop at, from grocery stores to clothing boutiques. There are also many outdoor activities to enjoy such as fishing at Smithfield's numerous lakes and streams or taking a hike in the nearby mountains. For people looking for some fun indoors, Smithfield has several attractions including the North Hills Entertainment Center, an arcade with bowling alleys, laser tag arenas, and more. Not only does Smithfield have a variety of businesses and attractions but it also features stunning views of the surrounding area that provide a breathtaking backdrop for any activity.
Smithfield has an unemployment rate of 2.0%. The US average is 6.0%.
Smithfield 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 Smithfield
- The Sales Tax Rate for Smithfield is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Smithfield 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 Smithfield
- The average income of a Smithfield resident is $18,971 a year. The US average is $28,555 a year.
- The Median household income of a Smithfield resident is $79,321 a year. The US average is $69,021 a year.