Zip 84604 (Provo, UT) Economy


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Provo, UT 84604 is a great place to live with an array of amenities for people of all ages. There are several big companies in the area such as Novell Software, Vivint Smart Home, Ancestry.com, and Brigham Young University (BYU). The average rent for two-bedroom apartments in Provo is $1,050 which is much lower than the national average of $1,430. The cost of groceries in Provo is also quite reasonable with an index score of 96 compared to 100 across the United States.

Provo (zip 84604) has an unemployment rate of 2.1%. The US average is 6.0%.

Provo (zip 84604) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 48.5%, which is higher than the US average of 33.5%.

Tax Rates for Provo (zip 84604)
- The Sales Tax Rate for Provo (zip 84604) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Provo (zip 84604) 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 Provo (zip 84604)
- The average income of a Provo (zip 84604) resident is $21,725 a year. The US average is $28,555 a year.
- The Median household income of a Provo (zip 84604) resident is $62,081 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyProvo, UtahUnited States
  2.16
  0.4%-6.2%
  48.5%33.5%
  6.9%6.2%
  5.0%4.6%
  $27,420$37,638
  $62,081$69,021
  $74,701$85,028
  Population by Occupation
  0.5%1.2%
  0.1%0.5%
  4.1%6.8%
  4.6%10.0%
  1.2%2.5%
  10.4%11.0%
  1.9%4.8%
  0.2%0.8%
  3.5%1.9%
  3.6%4.7%
  2.2%1.9%
  8.4%7.6%
  0.2%0.1%
  4.6%4.2%
  27.1%9.3%
  10.6%14.0%
  2.8%2.1%
  8.6%7.0%
  4.4%4.8%
  1.3%4.7%
Health