Draper, Utah (84020) is a lovely city in Salt Lake County located just 15 minutes from downtown Salt Lake City. This prosperous city has seen a steady population growth over the last decade and is now home to nearly 50,000 happy residents. The apartment rental rate for a 2-bedroom in Draper averages around $1,890 whereas the national average is only $1,430. Additionally, the grocery cost index for Draper is 99 compared to 100 nationally. There are many local businesses that contribute to the thriving economy of Draper such as The Park Café, Big O Tires, MB Financial Services and Mountainland Design Center.
Draper (zip 84020) has an unemployment rate of 2.7%. The US average is 6.0%.
Draper (zip 84020) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 41.4%, which is higher than the US average of 33.5%.
Tax Rates for Draper (zip 84020)
- The Sales Tax Rate for Draper (zip 84020) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Draper (zip 84020) 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 Draper (zip 84020)
- The average income of a Draper (zip 84020) resident is $34,715 a year. The US average is $28,555 a year.
- The Median household income of a Draper (zip 84020) resident is $116,977 a year. The US average is $69,021 a year.