ZIP 84701 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Richfield city, UT (84701)

Median Income

$77,532

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+664

Wealth inflow

Population

8,756

Unemployment

1.5%

2.2pp below US avg

IRS migration statistics show a net inflow of about 664 for ZIP 84701 (Richfield city, UT) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

1.5%-59% vs US avg

Self-Employed

3.6%-41% vs US avg

SNAP Benefits

15.9%+36% vs US avg

353

Establishments

4,279

Employees

~12 per establishment — small businesses dominate

Retail trade

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining7.1%
Construction10.0%
Manufacturing3.3%
Wholesale trade0.5%
Retail trade17.5%
Transportation, utilities6.2%
Information1.5%
Finance, insurance, real estate3.0%
Professional, scientific, management10.9%
Education, health care, social19.9%
Arts, entertainment, food services10.9%
Other services2.8%
Public administration6.5%

Household Income

Historical Trends in 84701 (2020–Present)

Since 2020, population declined 1.4%, median income rose 32.7% (inflation-adjusted), home values increased 38.7%.

Median Income

$77,532

+3% vs US avg

Unemployment Rate