Hatch, UT (Zip Code 84735) is a small community in Utah with a population of just over 2,000 people. Despite its size, it has a vibrant local economy that includes businesses such as Café Rio Mexican Grill, Auntie's Health Food Store, Hatch Valley Grocery & Deli, and Hillcrest Orchards & Greenhouse. The cost of living in Hatch is quite affordable compared to many other places; for example, the average rent for a two-bedroom apartment is about $1,300 compared to $1,430 in the United States. Additionally, the grocery cost index in Hatch is 91 versus 100 in the US. All these factors make Hatch an attractive place to live and thrive with its lower costs of living.
Hatch (zip 84735) has an unemployment rate of 9.2%. The US average is 6.0%.
Hatch (zip 84735) has seen the job market decrease by -9.2% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Hatch (zip 84735)
- The Sales Tax Rate for Hatch (zip 84735) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hatch (zip 84735) 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 Hatch (zip 84735)
- The average income of a Hatch (zip 84735) resident is $28,324 a year. The US average is $37,638 a year.
- The Median household income of a Hatch (zip 84735) resident is $87,250 a year. The US average is $69,021 a year.