Zip 84043 (Lehi, UT) Economy


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Lehi, Utah (84043) is a rapidly-growing city in Utah County with a population of roughly 65,000 people. The cost of living in Lehi is slightly more expensive than the national average, with the two bedroom rent at $1,600 compared to $1,430 nationally. The grocery cost index in Lehi is 96 versus 100 for the US on average. Despite its high cost of living, Lehi has much to offer locals and visitors alike. Home to many tech companies such as Vivint Smart Home and Adobe Systems Incorporated, Lehi is a great place for career development opportunities. It also boasts several outdoor recreation spots like Thanksgiving Point gardens and dry creek preserve. With its low unemployment rate and growing economy, it’s no surprise that so many people are choosing to call Lehi home!

Lehi (zip 84043) has an unemployment rate of 2.5%. The US average is 6.0%.

Lehi (zip 84043) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 54.8%, which is higher than the US average of 33.5%.

Tax Rates for Lehi (zip 84043)
- The Sales Tax Rate for Lehi (zip 84043) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lehi (zip 84043) 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 Lehi (zip 84043)
- The average income of a Lehi (zip 84043) resident is $22,544 a year. The US average is $28,555 a year.
- The Median household income of a Lehi (zip 84043) resident is $108,515 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLehi, UtahUnited States
  2.56
  0.4%-6.2%
  54.8%33.5%
  6.8%6.2%
  5.0%4.6%
  $34,648$37,638
  $108,515$69,021
  $116,102$85,028
  Population by Occupation
  0.2%1.2%
  0.4%0.5%
  7.0%6.8%
  9.1%10.0%
  2.8%2.5%
  12.5%11.0%
  2.2%4.8%
  0.4%0.8%
  2.8%1.9%
  5.9%4.7%
  2.0%1.9%
  16.2%7.6%
  0.1%0.1%
  3.6%4.2%
  9.9%9.3%
  9.6%14.0%
  1.1%2.1%
  5.0%7.0%
  4.9%4.8%
  4.3%4.7%
Health