Salt Lake City, UT, is a great place to live. With an average two bedroom rent of $1,440 per month, it is just a bit more expensive than the US average of $1,430 per month. It also has one of the lowest grocery cost index ratings in the US at 99 compared to the national average at 100.
The city offers plenty of amenities for its citizens, such as quick access to skiing and other outdoor activities within minutes from downtown. Culture centers like The Clark Planetarium and natural oasis like Liberty Park are popular attractions for locals and visitors alike. Salt Lake City also has a booming local economy with many large employers like University of Utah Health Care System, Questar Gas Company, West Valley City and Intermountain Healthcare located within the city limits.
Salt Lake City (zip 84103) has an unemployment rate of 3.0%. The US average is 6.0%.
Salt Lake City (zip 84103) has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.
Tax Rates for Salt Lake City (zip 84103)
- The Sales Tax Rate for Salt Lake City (zip 84103) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Salt Lake City (zip 84103) 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 Salt Lake City (zip 84103)
- The average income of a Salt Lake City (zip 84103) resident is $68,737 a year. The US average is $37,638 a year.
- The Median household income of a Salt Lake City (zip 84103) resident is $73,911 a year. The US average is $69,021 a year.