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Executive Summary
Summary of Competitive Advantages
High Labor Force Participation Low Labor Costs Low Electricity and Sales Tax Rates
Summary of Constraints
Market Size Higher Median Age Seasonal Employment
Observations
Wage trends are positive, though annual wages are still low compared to Utah and national averages.
Total GDP by industry is heavily weighted toward real estate, tourism and guest services, accounting for nearly 50 percent of the county’s economy.
Median Household Income is 71% of the state median household income.
Median age in Grand County is significantly older than the state median age.
Education levels in Grand County align with state averages more closely than many other rural Utah counties.
Tourism dominates the job market.
