Utah County · Utah · West · 48k residents
Saratoga Springs, UT: economy, jobs & business costs
The site-selection read on Saratoga Springs: 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 $1,240/wk. Utah's corporate income tax rate is 4.5%. Commercial electricity averages 9.4¢/kWh.
Compare Saratoga Springs side by side
Avg. weekly wage
$1,240/wk
Corporate income tax
4.5%
Bachelor's degree or higher
51.7%
Commercial electricity
9.4¢/kWh
Economic momentum
How fast Saratoga Springs's economy is moving, ranked against the US cities we track.
80/100
Heating
Ranks Saratoga Springs'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 | $605,500 |
| Price per sq. ft. | $290 |
| Property tax rate | 0.55% |
| 1-bedroom rent | $1,595/mo |
| 2-bedroom rent | $1,876/mo |
| State & local income tax | 4.65% |
| Sales tax | 7.2% |
| Corporate income tax | 4.5% |
| Avg. weekly wage | $1,240/wk |
| Bachelor's degree or higher | 51.7% |
| Commercial electricity | 9.4¢/kWh |
| Businesses per 1k residents | 30.9/1k |
| Wage: Software developer | $131,210 |
| Wage: Registered nurse | $81,780 |
| Wage: General manager | $95,790 |
| Wage: Customer service | $39,560 |
| Wage: Warehouse worker | $37,480 |
| Wage: Heavy truck driver | $59,820 |
| Wage: Electrician | $60,860 |
| Wage: Retail salesperson | $33,120 |
| Cost of living index | 119 |
| 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 | $128,802 |
| Unemployment rate | 3% |
| Population | 48k |
| Crime index | 38/100 |
| School rating | 6.8/10 |
| Walkability | 30/100 |
| Disaster risk | 95/100 |
| Avg. commute | 22 min |
| Sunny days / year | 230 days |
| July high | 92°F |
| January low | 19°F |
| Annual snowfall | 26 in |
| Home price YoY | +0.5% |
| Home price MoM | -0.4% |
| Rent YoY | +0.9% |
| Rent MoM | -0.4% |
| Employment (jobs) YoY | +1.9% |
| Building permits YoY | +16.6% |
| Ocean coast | 568 mi |
| Big lake | 12 mi |
| Mountains | 14 mi |
| Major airport | 31 mi |
| Ski resort | 18 mi |
Popular comparisons
Nearby
- Eagle Mountain, UT · 53k
- Lehi, UT · 85k
- American Fork, UT · 37k
- Highland, UT · 20k
- Bluffdale, UT · 19k
Similar size
- Murray, UT · 50k
- Draper, UT · 50k
- Riverton, UT · 45k
- Bountiful, UT · 45k
- Spanish Fork, UT · 45k
Real listings in Saratoga Springs
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Saratoga Springs 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 $1,240/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 Saratoga Springs, UT?
- Saratoga Springs indexes at 119 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,876/mo and a acs median home value of $605,500.
- How much does a house cost in Saratoga Springs?
- The acs median home value in Saratoga Springs is $605,500 (Census ACS estimate; individual listings vary).
- How much is rent in Saratoga Springs?
- A two-bedroom in Saratoga Springs rents for about $1,876/mo.