A leading tourist and business center
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The most popular city in the state of Utah, St. George is strategically located at the border of two other states, namely Nevada and Arizona. The surrounding mountains, hills, and several other natural attractions draw many tourists to the region. From 2005 to 2010, St. George occupied the position of the second-fastest-growing metropolitan region in the US, and it is apparent that the city is recovering the status once again. A recent report revealed this metropolitan area was the fastest-growing in the US in 2019. St. George boasts a variety of employers, including Wal-Mart and SkyWest Airlines. With an unemployment rate of about 3.3%, the city’s job market is on a boom.
Culture, History, and Business
Founded in 1861 as a cotton settlement, St. George’s original name was “Utah’s Dixie,” a nickname for the former home of the Mormon settlers of the area. Immediately after settling, the Mormons started a cotton factory, but their cash crop didn’t do well for decades. The town became Washington County’s county seat in 1863, the same year the construction of the St. George LDS Tabernacle began. The development of major transport lines in the area caused the small town farm to grow quickly in the 1980s.
St. George’s culture is a mix of Mormon and other cultures. The city celebrates a wide range of culinary booths and musical acts by sponsoring the Concerts in the Park and Art in the Park. Also, the Southern Utah Heritage Choir and Southwest Symphony Orchestra call St. George home. Numerous outdoor statues and sculptures portraying both local cultural talent and an extensive range of dynamic pieces that come from across the world are hosted at Art Around the Corner. The city has several annual events, including The St. George Arts Festival and the Dixie Roundup Rodeo.
Utah’s Dixie is also a great business center. The leading industries in the economy of the city include retail, healthcare, and social assistance. However, St. George has a wide variety of employers, including those in the accommodation and food services, fishing and hunting, forestry, agriculture, utilities, and mining sector. The city’s job market has been growing consistently over the years, thanks to the establishment of popular employers like Wal-Mart and SkyWest Airlines in the region.
Real Estate Appeal
St. George is very appealing to real estate investors. The city’s unemployment rate is 3.3%. This is lower than the national average of 3.9%. Also, the city is experiencing a boom in its job market, which increased by 3.5% from last year. Better still, experts predict that the next decade will see the city’s job growth go up by over 50%. This promises solid income from real estate investments. On the other hand, St. George’s sales tax of 6.4% is a bit lower than the national average of 7.3%, making the city a conducive environment for businesses to thrive. Another business promoting factor is the city’s excellent transportation network. Overall, St. George promises to be a lucrative real estate market.
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