Washington Terrace, UT is a great place to live and it is especially attractive for people looking for a place to rent. The city has an average 2 bedroom rent of $1,130 which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Washington Terrace stands at 93 compared to the US average of 100. This makes renting a home in Washington Terrace highly desirable as your expenses are lower than other areas. In terms of local businesses, Washington Terrace has plenty to choose from. Local favorites include Joe's Pizza and Bob's Burgers which offer delicious food at reasonable prices. For shopping, there's the nearby Smithfield Mall where you can find all kinds of items from clothing and electronics to shoes and toys. For entertainment, you can find several movie theaters in town or visit one of the many parks like Sunset Park or Turner Park. With its low rents and variety of businesses, Washington Terrace is a great place to live or rent!
Washington Terrace (zip 84405) has an unemployment rate of 3.1%. The US average is 6.0%.
Washington Terrace (zip 84405) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 39.4%, which is higher than the US average of 33.5%.
Tax Rates for Washington Terrace (zip 84405)
- The Sales Tax Rate for Washington Terrace (zip 84405) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Washington Terrace (zip 84405) 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 Washington Terrace (zip 84405)
- The average income of a Washington Terrace (zip 84405) resident is $25,037 a year. The US average is $28,555 a year.
- The Median household income of a Washington Terrace (zip 84405) resident is $73,418 a year. The US average is $69,021 a year.