Zip 84055 (Oakley, UT) Economy


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United States / Utah / No Metro Area / Summit County / Oakley / Oakley (zip 84055)
Oakley, UT, 84055 is a small town located in Summit County, Utah. The 2 Bedroom Rent in Oakley is $2,700 and the US 2 Bedroom Rent is $1,430. This is significantly higher than the national average due to its small size and lack of housing options. Additionally, the Grocery Cost Index in Oakley is 93 compared to 100 which is the US average. There are several local companies that operate within Oakley such as Red Ledges Golf Club which offers an 18-hole championship golf course as well as The Village at Blue Sky luxury resort with lodging, spa amenities and outdoor recreation activities. Other local businesses include Ascent Outdoor Adventures for guided tours of the area's backcountry and Rockin' R Ranch for family-friendly activities like horseback riding and fire pits for roasting s'mores.

Oakley (zip 84055) has an unemployment rate of 2.8%. The US average is 6.0%.

Oakley (zip 84055) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.

Tax Rates for Oakley (zip 84055)
- The Sales Tax Rate for Oakley (zip 84055) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Oakley (zip 84055) 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 Oakley (zip 84055)
- The average income of a Oakley (zip 84055) resident is $26,293 a year. The US average is $28,555 a year.
- The Median household income of a Oakley (zip 84055) resident is $97,031 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOakley, UtahUnited States
  2.86
  -7.4%-6.2%
  39.6%33.5%
  6.8%6.2%
  5.0%4.6%
  $40,245$37,638
  $97,031$69,021
  $97,188$85,028
  Population by Occupation
  4.5%1.2%
  1.6%0.5%
  13.7%6.8%
  8.2%10.0%
  0.0%2.5%
  6.9%11.0%
  1.4%4.8%
  0.6%0.8%
  1.7%1.9%
  5.9%4.7%
  0.4%1.9%
  2.5%7.6%
  0.0%0.1%
  7.8%4.2%
  8.3%9.3%
  8.0%14.0%
  8.9%2.1%
  10.4%7.0%
  2.0%4.8%
  7.2%4.7%
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