Hyde Park, UT, is a small town located in Cache County with an estimated population of 84318 people. It is known for its rural atmosphere and many local businesses that make up this community. The cost of living in Hyde Park is relatively low compared to other places in the United States. For example, the average rent for a 2-bedroom apartment is $960 which is significantly less than the national average of $1,430. Additionally, the grocery cost index in Hyde Park is 94 versus 100 in the national average making groceries much more affordable. This makes Hyde Park an ideal place to live for those looking for a more affordable lifestyle than other areas. Noteworthy businesses in Hyde Park include Edward's Greenhouse, The Church Store and Cache Valley Baking Company. These stores offer unique products and services that cater to a variety of needs within the area making them a great asset to this small community.
Hyde Park (zip 84318) has an unemployment rate of 2.0%. The US average is 6.0%.
Hyde Park (zip 84318) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 38.3%, which is higher than the US average of 33.5%.
Tax Rates for Hyde Park (zip 84318)
- The Sales Tax Rate for Hyde Park (zip 84318) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hyde Park (zip 84318) 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 Hyde Park (zip 84318)
- The average income of a Hyde Park (zip 84318) resident is $23,660 a year. The US average is $28,555 a year.
- The Median household income of a Hyde Park (zip 84318) resident is $81,597 a year. The US average is $69,021 a year.