Teasdale, UT is a small town located in the western part of the state. It is home to a variety of businesses, including grocery stores, restaurants, banks, and other retailers. The rental market is more affordable than in many other parts of the country; with a two bedroom rent averaging $810 compared to the US average of $1,430. Additionally, groceries are also relatively inexpensive in Teasdale; with its Grocery Cost index rating at 96 meaning it costs 4% less compared to the national average. The local businesses have so far been able to thrive despite economic uncertainty due to COVID-19 and this has helped contribute to Teasdale's strong local economy.
Teasdale has an unemployment rate of 6.3%. The US average is 6.0%.
Teasdale has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.
Tax Rates for Teasdale
- The Sales Tax Rate for Teasdale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Teasdale 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 Teasdale
- The average income of a Teasdale resident is $10,459 a year. The US average is $28,555 a year.
- The Median household income of a Teasdale resident is $33,558 a year. The US average is $69,021 a year.