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Zip 84662 (Spring City, UT) Economy


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84662 Spring City, UT is an area full of small-town charm and big city access. Located just north of Provo, the town enjoys close proximity to the BYU, Utah County's largest valley, and some of the finest outdoor recreation in the country. The 2 bedroom rent in 84662 Spring City is relatively low at $850 a month compared to $1,430 across the US as a whole. Grocery Cost Index in 84662 Spring City is 92 versus 100 in the US, meaning groceries are cheaper here than what you would find elsewhere.
Local companies such as Spring City Coop, La Cabra Cafe & Bakery, and R&J True Value Hardware provide unique shopping experiences for residents and visitors alike. With its stunning views from any vantage point in town, Spring City has become a destination spot for many photographers looking for great vistas or local wildlife shots. This rural-urban community also boasts several community events throughout the year including the Festival of Colors celebration hosted each April and Memorial Day parades which can draw thousands of people from nearby towns.

Spring City (zip 84662) has an unemployment rate of 3.0%. The US average is 6.0%.

Spring City (zip 84662) 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 Spring City (zip 84662)
- The Sales Tax Rate for Spring City (zip 84662) is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Spring City (zip 84662) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Spring City (zip 84662)
- The average income of a Spring City (zip 84662) resident is $23,843 a year. The US average is $37,638 a year.
- The Median household income of a Spring City (zip 84662) resident is $60,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpring City, UtahUnited States
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
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