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Zip 84111 (Salt Lake City, UT) Economy


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United States / / / Salt Lake City (zip 84111)
Salt Lake City, Utah is known for its vibrant culture and diverse community. The 2 bedroom rent in Salt Lake City is $1,550 which is slightly higher than the US average of $1,430. While prices may be a bit higher for rent, grocery cost index in Salt Lake City is actually lower than the national average at 94 compared to 100 in the US. This makes Salt Lake City an affordable place to live in despite its high cost of living.
Salt Lake City has plenty to offer its residents with multiple attractions such as Temple Square and Hogle Zoo. There are also numerous parks and trails throughout the city perfect for outdoor activities and exploring nature. There are many reputable companies based out of Salt Lake City such as Zions Bancorporation, Questar Corporation, Overstock.com and Vivint Solar among others.
With its rich cultural background and modern amenities, Salt Lake City makes an excellent choice for those looking for a city with plenty to do but also close access to nature and outdoor spaces. With affordable rent prices and lower grocery costs, Salt Lake City offers something for everyone looking for a place to live that won't break their budget.

Salt Lake City (zip 84111) has an unemployment rate of 3.0%. The US average is 6.0%.

Salt Lake City (zip 84111) 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 84111)
- The Sales Tax Rate for Salt Lake City (zip 84111) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Salt Lake City (zip 84111) is 5.0%. The US average is 4.6%.
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Income and Salaries for Salt Lake City (zip 84111)
- The average income of a Salt Lake City (zip 84111) resident is $37,034 a year. The US average is $37,638 a year.
- The Median household income of a Salt Lake City (zip 84111) resident is $47,096 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySalt Lake City, 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%
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    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
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    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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