Zip 84655 (Santaquin, UT) Economy


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Santaquin, UT 84655 is a small town in southern Utah with a population of 8,000. It’s a great place to live and work with scenic mountain views, plenty of outdoor recreation activities nearby, as well as a growing list of businesses and amenities. The average 2 bedroom rent in Santaquin is $1,060 compared to the US average of $1,430 making it affordable for many. Grocery costs here are also cheaper than the national index at 95 versus 100 respectively. Local employers include the Centra Technology Park which houses businesses in automotive manufacturing, technology development and more. Also present are several retail stores such as Walmart Supercenter and Smith's Food & Drug Stores to fulfill all your shopping needs. With its low cost of living combined with access to modern amenities, Santaquin is an ideal place for those looking for a peaceful yet convenient lifestyle.

Santaquin (zip 84655) has an unemployment rate of 2.5%. The US average is 6.0%.

Santaquin (zip 84655) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 51.7%, which is higher than the US average of 33.5%.

Tax Rates for Santaquin (zip 84655)
- The Sales Tax Rate for Santaquin (zip 84655) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Santaquin (zip 84655) 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 Santaquin (zip 84655)
- The average income of a Santaquin (zip 84655) resident is $17,422 a year. The US average is $28,555 a year.
- The Median household income of a Santaquin (zip 84655) resident is $83,657 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySantaquin, UtahUnited States
  2.56
  0.4%-6.2%
  51.7%33.5%
  6.8%6.2%
  5.0%4.6%
  $24,686$37,638
  $83,657$69,021
  $87,887$85,028
  Population by Occupation
  3.7%1.2%
  0.6%0.5%
  10.5%6.8%
  16.7%10.0%
  1.7%2.5%
  12.4%11.0%
  4.3%4.8%
  1.1%0.8%
  1.7%1.9%
  2.7%4.7%
  0.8%1.9%
  7.7%7.6%
  0.0%0.1%
  1.7%4.2%
  11.7%9.3%
  11.7%14.0%
  1.9%2.1%
  2.4%7.0%
  3.8%4.8%
  2.9%4.7%
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