Iron County · Utah · West · 39k residents
Cedar City, UT: economy, jobs & business costs
The site-selection read on Cedar City: labor costs, talent, corporate tax, energy, and business activity, with the Utah median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $960/wk. Utah's corporate income tax rate is 4.5%. Commercial electricity averages 9.4¢/kWh.
Compare Cedar City side by side
Avg. weekly wage
$960/wk
Corporate income tax
4.5%
Bachelor's degree or higher
35.6%
Commercial electricity
9.4¢/kWh
Economic momentum
How fast Cedar City's economy is moving, ranked against the US cities we track.
80/100
Heating
Ranks Cedar City's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $377,000 |
| Price per sq. ft. | $290 |
| Property tax rate | 0.55% |
| 1-bedroom rent | $738/mo |
| 2-bedroom rent | $986/mo |
| State & local income tax | 4.65% |
| Sales tax | 7.2% |
| Corporate income tax | 4.5% |
| Avg. weekly wage | $960/wk |
| Bachelor's degree or higher | 35.6% |
| Commercial electricity | 9.4¢/kWh |
| Businesses per 1k residents | 34.5/1k |
| Wage: Software developer | $128,810 |
| Wage: Registered nurse | $84,600 |
| Wage: General manager | $97,850 |
| Wage: Customer service | $43,140 |
| Wage: Warehouse worker | $37,690 |
| Wage: Heavy truck driver | $60,620 |
| Wage: Electrician | $62,000 |
| Wage: Retail salesperson | $33,900 |
| Cost of living index | 93 |
| Groceries index | 98 |
| Utilities | $135/mo |
| Transit pass | $85/mo |
| Gas price | $3.40/gal |
| Healthcare index | 96 |
| Childcare (per child) | $1,050/mo |
| Median household income | $63,589 |
| Unemployment rate | 3% |
| Population | 39k |
| Crime index | 38/100 |
| School rating | 6.8/10 |
| Walkability | 30/100 |
| Disaster risk | 61/100 |
| Avg. commute | 22 min |
| Sunny days / year | 230 days |
| July high | 91°F |
| January low | 18°F |
| Annual snowfall | — |
| Home price YoY | +2.8% |
| Home price MoM | -0.3% |
| Rent YoY | +1.0% |
| Rent MoM | 0.0% |
| Employment (jobs) YoY | +4.3% |
| Building permits YoY | +3.3% |
| Ocean coast | 391 mi |
| Big lake | 99 mi |
| Mountains | 112 mi |
| Major airport | 160 mi |
| Ski resort | 12 mi |
Popular comparisons
Nearby
- Hurricane, UT · 23k
- Washington, UT · 32k
- St. George, UT · 102k
- Santaquin, UT · 16k
- Payson, UT · 23k
Similar size
- Tooele, UT · 38k
- Roy, UT · 39k
- Pleasant Grove, UT · 38k
- Kearns, UT · 38k
- American Fork, UT · 37k
Real listings in Cedar City
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Cedar City a good place to run a business?
- Utah's corporate income tax rate is 4.5%; average weekly wages in the surrounding labor market run $960/wk; commercial electricity averages 9.4¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Cedar City, UT?
- Cedar City indexes at 93 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $986/mo and a acs median home value of $377,000.
- How much does a house cost in Cedar City?
- The acs median home value in Cedar City is $377,000 (Census ACS estimate; individual listings vary).
- How much is rent in Cedar City?
- A two-bedroom in Cedar City rents for about $986/mo.