Zip 84124 (Millcreek, UT) Economy


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Millcreek, UT is a small city located in the heart of Salt Lake Valley. It has an estimated population of 35,179 as of 2020. The 2 bedroom rent in Millcreek is $1,500 which is slightly higher than the US average rents of $1,430. Groceries are also relatively inexpensive there with the Grocery Cost Index at 99 versus 100 in the US.
Millcreek has several local businesses that offer a variety of products and services to its citizens. Some popular companies include West 4th Street Market, which offers fresh produce and other grocery items; Game Stop for gamers; Utah Data Center for IT services; and American Fork Furniture Co., which specializes in custom furniture pieces for every budget. There’s something for everyone here! With its great location and affordable prices, Millcreek is a great place to call home.

Millcreek (zip 84124) has an unemployment rate of 3.0%. The US average is 6.0%.

Millcreek (zip 84124) has seen the job market decrease by -1.4% 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 Millcreek (zip 84124)
- The Sales Tax Rate for Millcreek (zip 84124) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Millcreek (zip 84124) 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 Millcreek (zip 84124)
- The average income of a Millcreek (zip 84124) resident is $55,211 a year. The US average is $37,638 a year.
- The Median household income of a Millcreek (zip 84124) resident is $104,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMillcreek, UtahUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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