What is the Utah economy like?

Answer 1

I have lived in Utah for 16 years. Here are some facts: Hourly pay in Utah is low compared to other states. You are lucky to get a job that pays 10-13 per hour even with a college degree. Some people may fare better, but that's not the norm. Housing prices are still VERY inflated, especially in relation to the low wages. You can buy an "average" 3 bedroom home for about 230K. Renting a 3 bedroom home will cost at least 1200 per month. Even a two bedroom rental is about 800 per month. Utah has a very high tax burden....food is taxed (yes, sales tax on groceries!) and our gas is triple taxed. The cost of living is VERY high here, and with the meager amount that is left once state and federal costs are taken, it is a challenge to support a family. Part time lower paying jobs are quite plentiful here, probably more plentiful than in many parts of the country right now. Many people have 2, 3 even 4 part time jobs just to make ends meet. Utah is a "at will" employment state. Any employer can fire you, with out cause, at any time. Many employers do not offer any health insurance, or if they do, its expensive. With all of the part time workers, it is common here to not have insurance. Utah is not a "welfare state", and Federal and state programs can only help the poorest of the poor here, and unless you are living in a box on the side walk, you will probably not qualify for assistance of any kind. Despite the gloomy picture, many who live here still love it...there is so much scenic beauty to enjoy, and communities tend to be friendly. Oh and just in case you were wondering, crime is NOT lower here, and schools are NOT better...our schools are the among most under-funded and the worst performing in the nation :( Sad but true.