\nPanguitch, UT is a small city located in Utah with a population of 808. The average 2 bedroom rent in Panguitch is $840 which is much lower than the US average of $1,430. Additionally, the grocery cost index in Panguitch is 91 compared to the US average of 100. \nIn terms of economy, Panguitch relies mostly on its tourism industry as well as local businesses such as Grocery Outlet and Red Rock Wilderness Tours that offer outdoor excursions and guided tours. Furthermore, agriculture also plays an important role in the local economy due to the presence of several farms and cattle ranches in the area.
Panguitch (zip 84759) has an unemployment rate of 9.2%. The US average is 6.0%.
Panguitch (zip 84759) has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Panguitch (zip 84759)
- The Sales Tax Rate for Panguitch (zip 84759) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Panguitch (zip 84759) 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 Panguitch (zip 84759)
- The average income of a Panguitch (zip 84759) resident is $19,646 a year. The US average is $28,555 a year.
- The Median household income of a Panguitch (zip 84759) resident is $58,667 a year. The US average is $69,021 a year.