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Zip 84630 (Fayette, UT) Economy


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Fayette, UT (84630) is a great place to live with affordable housing and low cost of living. The average 2 Bedroom rent in Fayette is $870 compared to the US average of $1,430. Grocery costs are also lower as the grocery cost index in Fayette is 92 versus 100 in the US. The town itself has many attractions for residents including the Seven Peaks Water Park for family fun, Paiute Golf Resort for golfing, and Snow Basin Ski Resort for winter sports lovers. Local businesses include Hyrum City Library and C&C Music Factory, both offering unique experiences to visitors and locals alike.

Fayette (zip 84630) has an unemployment rate of 3.0%. The US average is 6.0%.

Fayette (zip 84630) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 40.7%, which is higher than the US average of 33.5%.

Tax Rates for Fayette (zip 84630)
- The Sales Tax Rate for Fayette (zip 84630) is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Fayette (zip 84630) is 5.0%. The US average is 4.6%.
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Income and Salaries for Fayette (zip 84630)
- The average income of a Fayette (zip 84630) resident is $13,548 a year. The US average is $37,638 a year.
- The Median household income of a Fayette (zip 84630) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFayette, UtahUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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