Woods Cross, UT is an attractive area to live in with its affordable cost of living. The average 2 bedroom rent in Woods Cross is $1,640 per month, which is significantly cheaper than the US national average of $1,430. In addition to rental costs being low, Woods Cross also has a grocery cost index of 95 compared to the US’s index of 100. This means that groceries are cheaper in Woods Cross than most other places in America, making it easier for people to afford their daily needs. Some popular local companies include Preferred Home Care & Hospice, Bear River Mutual Insurance Company and Banzai Sushi & Grill. Shopping at these stores can help residents save money due to their lower prices when compared to larger chains. All this combines to make Woods Cross a great place for people looking for an affordable and comfortable place to call home.
Woods Cross has an unemployment rate of 2.5%. The US average is 6.0%.
Woods Cross 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 41.0%, which is higher than the US average of 33.5%.
Tax Rates for Woods Cross
- The Sales Tax Rate for Woods Cross is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Woods Cross 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 Woods Cross
- The average income of a Woods Cross resident is $23,793 a year. The US average is $28,555 a year.
- The Median household income of a Woods Cross resident is $89,441 a year. The US average is $69,021 a year.