84754 Monroe, UT offers an affordable cost of living compared to the US average. With 2 bedroom rental costs averaging $850 per month and a grocery cost index of 92 versus the US average of 100, Monroe provides an affordable option for those who are looking to settle in a small town atmosphere with big city amenities. Residents can enjoy local shops such as Market Street Grocery, Cottage Crafts Gifts & Antiques, and Westside Barbershop. Services such as Big D's Car Care, Trucks Plus Auto Repair, and Farmers Insurance are also available in Monroe making it easy for residents to take care of all their needs without ever having to leave town.
Monroe (zip 84754) has an unemployment rate of 4.0%. The US average is 6.0%.
Monroe (zip 84754) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 33.6%, which is higher than the US average of 33.5%.
Tax Rates for Monroe (zip 84754)
- The Sales Tax Rate for Monroe (zip 84754) is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Monroe (zip 84754) 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 Monroe (zip 84754)
- The average income of a Monroe (zip 84754) resident is $27,761 a year. The US average is $37,638 a year.
- The Median household income of a Monroe (zip 84754) resident is $61,893 a year. The US average is $69,021 a year.