Zip 84104 (Salt Lake City, UT) Economy


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Salt Lake City, UT 84104 is an ideal place to live given the relatively low cost of living. The average rent for a 2 bedroom apartment in Salt Lake City is $1,380 compared to the US average of $1,430. Grocery costs in Salt Lake City are also much lower with an index score of 92 compared to 100 for the US. In addition to this, Salt Lake City is home to many large companies such as eBay and Goldman Sachs which offer excellent job opportunities. There are also several local companies such as EnergySolutions and Sinclair Oil Corporation that are important contributors to the local economy.

Salt Lake City (zip 84104) has an unemployment rate of 3.0%. The US average is 6.0%.

Salt Lake City (zip 84104) has seen the job market increase by 1.5% 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 84104)
- The Sales Tax Rate for Salt Lake City (zip 84104) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Salt Lake City (zip 84104) 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 84104)
- The average income of a Salt Lake City (zip 84104) resident is $14,683 a year. The US average is $28,555 a year.
- The Median household income of a Salt Lake City (zip 84104) resident is $53,401 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySalt Lake City, UtahUnited States
  36
  -1.4%-6.2%
  39.9%33.5%
  7.6%6.2%
  5.0%4.6%
  $21,765$37,638
  $53,401$69,021
  $62,809$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  9.1%6.8%
  12.8%10.0%
  2.3%2.5%
  9.3%11.0%
  8.3%4.8%
  0.5%0.8%
  2.2%1.9%
  3.3%4.7%
  1.1%1.9%
  3.6%7.6%
  0.5%0.1%
  8.1%4.2%
  6.6%9.3%
  10.7%14.0%
  1.0%2.1%
  12.5%7.0%
  5.0%4.8%
  2.9%4.7%
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