Zip 84053 (Neola, UT) Economy


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United States / Utah / No Metro Area / Duchesne County / Neola / Neola (zip 84053)
Neola, UT (84053) is a small town in the Uinta County of Utah. It has a population of 745 as per the 2018 census and is situated in the Wasatch Range of mountains. The town offers stunning views and fresh air, making it a great place to live for those wanting a break from city life. For two bedroom rent in Neola, it is $830 which is significantly less than the national median average of $1,430. Additionally, groceries are cheaper here with an index score of 92 versus 100 in the US on average.
The local business scene consists mainly of stores catering to everyday needs including convenience stores, restaurants, gas stations, and cafes. There are also some small scale retail outlets such as jewelry stores and bookstores that cater to both tourists and locals alike. For outdoor activities there's plenty to do such as fishing, hunting or camping at nearby trails like The Highline Trail or at Flaming Gorge National Recreation Area nearby. Overall Neola offers potential residents great value for money with its affordable rent prices and access to nature activities that cannot be found in cities.

Neola (zip 84053) has an unemployment rate of 5.5%. The US average is 6.0%.

Neola (zip 84053) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 9.0%, which is lower than the US average of 33.5%.

Tax Rates for Neola (zip 84053)
- The Sales Tax Rate for Neola (zip 84053) is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Neola (zip 84053) 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 Neola (zip 84053)
- The average income of a Neola (zip 84053) resident is $28,019 a year. The US average is $37,638 a year.
- The Median household income of a Neola (zip 84053) resident is $72,292 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNeola, 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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