The city of Magna, UT (84044) is a great place to live. The two bedroom rent in the area is around $1,530 which is more affordable than the US’s average of $1,430. Furthermore, grocery cost index in Magna is quite low compared to the US- 93 versus 100. There are a number of local businesses that provide essential services and amenities in Magna such as Big G's Burgers & Grill, Driggs Dental Care, Walker Drug Store and many more. These companies are dedicated to providing quality service and goods to the residents of Magna as well as doing their best to support the local economy.
Magna (zip 84044) has an unemployment rate of 3.0%. The US average is 6.0%.
Magna (zip 84044) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.
Tax Rates for Magna (zip 84044)
- The Sales Tax Rate for Magna (zip 84044) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Magna (zip 84044) 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 Magna (zip 84044)
- The average income of a Magna (zip 84044) resident is $18,721 a year. The US average is $28,555 a year.
- The Median household income of a Magna (zip 84044) resident is $72,705 a year. The US average is $69,021 a year.