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Home » United States » What’s a good salary in Utah?

What’s a good salary in Utah?

December 14, 2021 by Bo Lang

While ZipRecruiter is seeing salaries as high as $125,763 and as low as $18,957, the majority of salaries within the Average jobs category currently range between $45,773 (25th percentile) to $68,429 (75th percentile) with top earners (90th percentile) making $83,225 annually in Utah.

Contents

Is 60 000 a good salary in Utah?

The U.S. Census Bureau rates Utah’s annual household income at nearly $60,000 a year, which is several thousand dollars higher than the $53,657 per household earned across the U.S. The difference between average hourly wages and household income indicates that Utah may have a higher number of earners per household.

What income is considered middle class in Utah?

We define the middle class based on household income, com- pared to median income and federal poverty guidelines. In 2016, the regionally adjusted lower and upper income bounds for Utah’s middle income households were $39,690 to $98,270 (Table 1).

How much money do you need to live comfortably in Utah Single?

The rule stipulates you should spend no more than 30% of your gross income on rent. To live comfortably in a one-bedroom apartment, you should shoot for an income of at least $62,496 a year or $30.45 an hour. For a two-bedroom apartment, you’ll need to earn at least $82,836 a year or $39.83 per hour.

What is a good salary in Salt Lake City?

Income and Salaries for Salt Lake City
– The average income of a Salt Lake City resident is $28,428 a year. The US average is $28,555 a year. – The Median household income of a Salt Lake City resident is $45,833 a year.

What is a high salary in Utah?

Salaries below this are outliers. $5,702 is the 75th percentile. Salaries above this are outliers. $6,935 is the 90th percentile.
What are Top 10 Highest Paying Cities for Average Jobs in Utah.

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City Salt Lake City
Annual Salary $59,055
Monthly Pay $4,921
Weekly Pay $1,136
Hourly Wage $28.39

How many people make over 100k in Utah?

Among those in the middle, the Census Bureau estimates that 20.5 percent of Utah households earn $50,000 to $74,999; 17.9 percent earn $100,000 to 149,999; 14.9 percent earn $75,000 to $99,999; and 12.4 percent earn $35,000 to $49,999.

Is 150k good salary?

The answer, at least according to a new survey of Americans by WSL/Strategic Retail, is $150,000. That level of income is more than three times the national median of $49,445 for 2010, and it’s enough to put a household into the top 10 percent nationally.

What is a good salary to live comfortably?

The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi, with $58,321. The state with the highest living wage is Hawaii, with $136,437.

What is a good net worth by age?

The average net worth for U.S. families is $748,800. The median — a more representative measure — is $121,700.
Average net worth by age.

Age of head of family Median net worth Average net worth
35-44 $91,300 $436,200
45-54 $168,600 $833,200
55-64 $212,500 $1,175,900
65-74 $266,400 $1,217,700

What is middle class in Utah?

Am I in the middle class? Varying by household size, the 2019 income range for Utah’s middle class extended from $19,500 to $150,700 in 2020 dollars (see Table 1). The average lower and upper bounds for all household sizes were $45,600 to $111,600.

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Is it better to live in Utah or California?

Strictly from a financial standpoint, Utah is generally a more advantageous place to live than California. However, that’s not the whole story. As one of the world’s largest economies, California and its major cities provide immense opportunities – from education and jobs to culture, entertainment, and so on.

Is Utah better than California?

Thanks to the low housing cost, low cost of living, low crime rate, great skiing, and beautiful landscape, Utah is emerging as an attractive state.
Utah Vs. California Comparison:

Utah California
GDP Per Capita 59,631$ 79,315$
Unemployment Rate 4.1% 9.3%
Groceries 47.4% more in California

Why are Utah homes so expensive?

The frenzy of home buying and renovation activity in Utah and around the country, driven by consumers throwing off the shackles of pandemic-induced home isolation, has skewed the market and led to price increases that, as of April, were 374% higher than the same time last year. Read more here.

Is Utah expensive to live in?

An amount below 100 means Utah is cheaper than the US average. A cost of living index above 100 means Utah, Utah is more expensive.
Utah cost of living is 110.8.

COST OF LIVING Utah United States
Health 102.7 100
Housing 146.3 100
Median Home Cost $458,900 $291,700
Utilities 94.6 100

What is the average wage in Utah County?

Technical Note

Area Establishments, first quarter 2021 (thousands) Average weekly wage (1)
First quarter 2021
United States (4) 10,755.4 $1,289
Utah 117.3 1,065
Davis 9.5 959
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What jobs are in high demand in Utah?

The highest demand right now is for registered nurses, certified nursing assistants, health technicians, clinical case managers and medical secretaries. This industry is growing rapidly with no end in sight and it provides good stability and growth opportunities.

What is the average annual income in Utah?

Table

Population
Mean travel time to work (minutes), workers age 16 years+, 2015-2019 21.9
Income & Poverty
Median household income (in 2019 dollars), 2015-2019 $71,621
Per capita income in past 12 months (in 2019 dollars), 2015-2019 $29,775

How can I make money in Utah?

Work from Home Jobs in Utah

  1. Surf the Internet. Get Paid for It.
  2. Register for Online Focus Groups. Focus groups are an extremely easy way to make quick money.
  3. Rent Your Junk. We get it; this is tough.
  4. Download Apps.
  5. Deliver Happiness.
  6. Drive Around.
  7. Odd Jobs.
  8. Amazon Flex – Be a Delivery Driver.

What is the top 5% income in the US?

Over this period, the mean household income for the low-paid workers in the lowest quintile went from 13,803 U.S. dollars in 1990 to 14,589 U.S. dollars in 2020, while the mean income of the top five percent increased from 262,274 U.S. dollars to 446,030 U.S. dollars over the same period.

What is the top 3 income in the US?

This section’s factual accuracy may be compromised due to out-of-date information.

Data Top third Top 3%
Household income
Lower threshold (annual gross income) $65,000 $200,000
Exact percentage of households 34.72% 2.67%
Personal income (age 25+)

Filed Under: United States

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About Bo Lang

Bo Lang loves exploring the world. A self-proclaimed "adventurer," Bo has spent his life traveling to new and exciting places. He's climbed mountains, explored jungles, and sailed across the ocean. He's even eaten the beating heart of a king cobra!

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