Zip 84080 (Vernon, UT) Economy


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Vernon, UT (84080) is a small town located in the Northwestern part of Utah. It has a population of approximately 4,240 people and its 2 Bedroom Rental is around $1,100. This is lower than the US average rental cost which is $1,430. Grocery Cost Index in Vernon is 92 versus the US average 100. Popular local businesses such as Smith's Food & Drug Store and The Fresh Market offer great options for groceries within the area at affordable prices. Other notable companies include Sonic Drive-In and Subway which are both known for their quality fast-food options.

Vernon (zip 84080) has an unemployment rate of 3.0%. The US average is 6.0%.

Vernon (zip 84080) 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 44.2%, which is higher than the US average of 33.5%.

Tax Rates for Vernon (zip 84080)
- The Sales Tax Rate for Vernon (zip 84080) is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Vernon (zip 84080) 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 Vernon (zip 84080)
- The average income of a Vernon (zip 84080) resident is $27,353 a year. The US average is $37,638 a year.
- The Median household income of a Vernon (zip 84080) resident is $47,857 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVernon, UtahUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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