8. Utah
| CATEGORY | 2022 SCORE | 2022 RANK | 2021 RANK | 2022 GRADE |
|---|---|---|---|---|
| WORKFORCE | 269 | 8 | 17 | A- |
| INFRASTRUCTURE | 182 | 32 | 7 | C- |
| COST OF DOING BUSINESS | 210 | 17 | 22 | B+ |
| ECONOMY | 258 | 6 | 3 | A |
| LIFE, HEALTH & INCLUSION | 150 | 29 | 27 | D+ |
| TECHNOLOGY & INNOVATION | 132 | 26 | 19 | C+ |
| BUSINESS FRIENDLINESS | 139 | 10 | 10 | B+ |
| EDUCATION | 72 | 41 | 26 | D+ |
| ACCESS TO CAPITAL | 32 | 12 | 17 | C+ |
| COST OF LIVING | 26 | 25 | 26 | C |
| OVERALL | 1470 | 8 | 3 |
Economic Profile
Governor: Spencer Cox, Republican
Population: 3,337,975
GDP growth (Q1 2022): -2.0%
Unemployment rate (May 2022): 2.0%
Top corporate tax rate: 4.95%
Top individual income tax rate: 4.95%
Gasoline tax: 31.91 cents/gallon
Bond rating (Moody’s/S&P): Aaa, stable/AAA, stable
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody’s Investor Service, S&P Global Market Intelligence.
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Linda Secrist’s Salt Lake City Real Estate Home Page • Salt Lake City Real Estate • Draper Real Estate • Holladay Real Estate • Sandy Real Estate • South Jordan Utah Real Estate • Salt Lake City’s Top Real Estate Agent
Linda Secrist & Associates is the top selling team in luxury homes in the SLC Market. They have received countless awards over the past 20 years, including “Sales Team of The Year” for over 10 years including 2019! Linda Secrist is #54 in the top 100 Agents in the World in luxury residential real estate. If you’re searching for homes in Sandy, Salt Lake, Cottonwood Heights, Millcreek, Draper, South Jordan, Bountiful, Centerville, Farmington or anywhere in northern Utah, Linda Secrist & Associates are the real estate agents to call. If you’re buying or selling a home, don’t hesitate to text or call us at 801-455-9999!
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