Zip 84701 (Richfield, UT) Economy


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United States / Utah / No Metro Area / Sevier County / Richfield / Richfield (zip 84701)
Richfield, UT 84701 is a small city located in Southwestern Utah. The median 2 bedroom rent rate in the area is $830 per month, which is lower than the US average of $1,430. The Grocery Cost Index in 84701 is 92 compared to 100 in the US. Richfield’s low rental rate and cost of living makes it a great choice for those looking for an affordable place to live. Local companies include Xerox Corporation, SKF USA Inc., Sanpete Valley Hospital, Central Utah Clinic and Knudsen Construction Inc. Richfield boasts many outdoor activities as well such as camping, fishing, golfing and hiking. With its low cost of living and abundant recreational activities, Richfield can be an excellent place to call home!

Richfield (zip 84701) has an unemployment rate of 4.0%. The US average is 6.0%.

Richfield (zip 84701) has seen the job market decrease by -0.1% 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 Richfield (zip 84701)
- The Sales Tax Rate for Richfield (zip 84701) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Richfield (zip 84701) 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 Richfield (zip 84701)
- The average income of a Richfield (zip 84701) resident is $17,680 a year. The US average is $28,555 a year.
- The Median household income of a Richfield (zip 84701) resident is $52,973 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRichfield, UtahUnited States
  46
  -0.7%-6.2%
  33.6%33.5%
  6.6%6.2%
  5.0%4.6%
  $22,081$37,638
  $52,973$69,021
  $68,203$85,028
  Population by Occupation
  0.8%1.2%
  3.7%0.5%
  8.3%6.8%
  4.6%10.0%
  1.6%2.5%
  14.3%11.0%
  4.5%4.8%
  0.9%0.8%
  1.6%1.9%
  1.4%4.7%
  0.4%1.9%
  5.6%7.6%
  0.0%0.1%
  4.1%4.2%
  7.1%9.3%
  12.8%14.0%
  3.1%2.1%
  12.0%7.0%
  4.2%4.8%
  9.2%4.7%
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