Thatcher, UT Economy


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Thatcher, Utah is a small town located just outside of the larger city of Price. The median two bedroom rent in Thatcher is much lower than the national median, and only 92% of the US grocery cost index. This makes Thatcher a great place to live for those looking for an affordable lifestyle without compromising on quality amenities and services. Local companies in Thatcher include the United Carbon Company, which produces carbon products, fuel cells, and other industrial materials; Price Valley Produce & Greenhouse, an organic produce supplier; and Natura Health Products, a health supplement retailer. Other businesses in Thatcher range from professional services to retail stores, providing residents with plenty of options for employment and shopping.

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

Thatcher has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 39.8%, which is higher than the US average of 33.5%.

Tax Rates for Thatcher
- The Sales Tax Rate for Thatcher is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Thatcher 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 Thatcher
- The average income of a Thatcher resident is $36,891 a year. The US average is $37,638 a year.
- The Median household income of a Thatcher resident is $82,188 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThatcher, 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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