Wellsville, UT Economy


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Wellsville, UT is a small city located near the Wasatch Mountains in Utah. It is a great place to live, with plenty of opportunity for outdoor activities and stunning views. The two bedroom rent in Wellsville is significantly below the national average of $1,430 which makes it an appealing option for those looking for reasonable housing costs. Additionally, the grocery cost index in Wellsville is 94 compared to the national average of 100. This suggests that groceries are even more affordable than other places around the country. Not only that but there are a number of locally owned businesses that all contribute to the strong sense of community in Wellsville. Some of these include Munson Motorsports, In-N-Out Burger, and Ace Hardware. All three offer excellent service and products to their customers who can make use of them each day.

Wellsville has an unemployment rate of 2.0%. The US average is 6.0%.

Wellsville 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 Wellsville
- The Sales Tax Rate for Wellsville is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Wellsville 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 Wellsville
- The average income of a Wellsville resident is $21,680 a year. The US average is $28,555 a year.
- The Median household income of a Wellsville resident is $94,231 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWellsville, UtahUnited States
  26
  0.2%-6.2%
  38.3%33.5%
  6.6%6.2%
  5.0%4.6%
  $31,776$37,638
  $94,231$69,021
  $96,875$85,028
  Population by Occupation
  1.7%1.2%
  0.8%0.5%
  6.5%6.8%
  23.9%10.0%
  0.7%2.5%
  9.4%11.0%
  4.1%4.8%
  1.2%0.8%
  0.6%1.9%
  1.2%4.7%
  1.0%1.9%
  7.1%7.6%
  0.2%0.1%
  4.9%4.2%
  19.3%9.3%
  7.9%14.0%
  0.9%2.1%
  2.4%7.0%
  3.4%4.8%
  2.7%4.7%
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