Situated in the Wasatch Mountains of northern Utah, 84060 Park City is a charming ski-town known for its world-class skiing resorts. It is also home to many local businesses such as Stereo Exchange, a locally owned and operated audio/video store; Talisker Club, an exclusive private club that provides members with access to recreational activities such as biking and golfing; and High West Distillery & Saloon, which specializes in small-batch whiskeys and bourbons. The cost of living is fairly high in Park City compared to other US cities. The average monthly rent for a two bedroom apartment is $2,650, which is nearly double the national average of $1330. Grocery costs are also significantly higher with an index rating of 104 versus 100 for the United States. Despite the higher cost of living, people flock to Park City all year long due to its breathtaking views, excellent restaurants and bars, and endless outdoor activities.
Park City (zip 84060) has an unemployment rate of 2.8%. The US average is 6.0%.
Park City (zip 84060) 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 Park City (zip 84060)
- The Sales Tax Rate for Park City (zip 84060) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Park City (zip 84060) 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 Park City (zip 84060)
- The average income of a Park City (zip 84060) resident is $63,546 a year. The US average is $28,555 a year.
- The Median household income of a Park City (zip 84060) resident is $118,705 a year. The US average is $69,021 a year.