Zip 84720 (Cedar City, UT) Economy


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Cedar City, UT 84720 is a picturesque mountain town located in southwestern Utah. It has a population of 28,857 and is known for its rugged beauty. The two bedroom rent in Cedar City is $1,240, which is more affordable than the US average of $1,430. Additionally, the Grocery Cost Index in Cedar City is 92 versus 100 in the US, making it an ideal place to live for those seeking frugal living. Local companies include Winter Quarters Mining Company LLC, Brighton Corporation and Viedo LLC. The overall cost of living in Cedar City is 8% lower than the national average and 3% lower than Utah's average cost of living.

Cedar City (zip 84720) has an unemployment rate of 3.0%. The US average is 6.0%.

Cedar City (zip 84720) has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 52.0%, which is higher than the US average of 33.5%.

Tax Rates for Cedar City (zip 84720)
- The Sales Tax Rate for Cedar City (zip 84720) is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Cedar City (zip 84720) 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 Cedar City (zip 84720)
- The average income of a Cedar City (zip 84720) resident is $18,232 a year. The US average is $28,555 a year.
- The Median household income of a Cedar City (zip 84720) resident is $54,418 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCedar City, UtahUnited States
  36
  1.7%-6.2%
  52.0%33.5%
  6.1%6.2%
  5.0%4.6%
  $23,928$37,638
  $54,418$69,021
  $71,346$85,028
  Population by Occupation
  1.7%1.2%
  0.0%0.5%
  7.7%6.8%
  10.4%10.0%
  1.0%2.5%
  8.9%11.0%
  4.1%4.8%
  0.2%0.8%
  1.9%1.9%
  3.5%4.7%
  1.4%1.9%
  4.6%7.6%
  0.0%0.1%
  3.2%4.2%
  13.4%9.3%
  14.1%14.0%
  2.7%2.1%
  12.3%7.0%
  5.2%4.8%
  3.7%4.7%
Health