Vernal Metro Area, UT Economy


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United States / Utah / Vernal Metro Area / Counties / Cities / Zip Codes
Vernal, UT Metro Area is a great place to live for those looking for an affordable apartment. The average two bedroom rent in the area is $830 compared to the US average of $1,430, making it a more attractive choice. The cost of living index is also lower than the rest of the US, with a score of 92 versus 100 in the US. There are various local companies that can be found in Vernal such as Ashley Valley Medical Center, Uintah Basin Health Care, Uintah Basin Broadcasting Company and many more.

Vernal Metro Area has an unemployment rate of 6.3%. The US average is 6.0%.

Vernal Metro Area has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 7.3%, which is lower than the US average of 33.5%.

Tax Rates for Vernal Metro Area
- The Sales Tax Rate for Vernal Metro Area is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Vernal Metro Area 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 Vernal Metro Area
- The average income of a Vernal Metro Area resident is $24,572 a year. The US average is $28,555 a year.
- The Median household income of a Vernal Metro Area resident is $61,293 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVernal, UtahUnited States
  6.36
  -7.2%-6.2%
  7.3%33.5%
  6.1%6.2%
  5.0%4.6%
  $25,922$37,638
  $61,293$69,021
  $77,324$85,028
  Population by Occupation
  2.2%1.2%
  11.4%0.5%
  6.1%6.8%
  3.0%10.0%
  2.6%2.5%
  17.2%11.0%
  5.2%4.8%
  1.6%0.8%
  1.4%1.9%
  1.3%4.7%
  1.1%1.9%
  3.5%7.6%
  0.0%0.1%
  1.9%4.2%
  10.4%9.3%
  10.9%14.0%
  1.8%2.1%
  8.5%7.0%
  4.5%4.8%
  5.7%4.7%
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