Median Household Income Households in Utah have a median annual income of $75,780, which is more than the median annual income of $65,712 across the entire United States.
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What is considered a good salary in Utah?
$3,814 is the 25th percentile. Salaries below this are outliers. $5,702 is the 75th percentile. Salaries above this are outliers.
What are Top 10 Highest Paying Cities for Average Jobs in Utah.
| City | St. George |
|---|---|
| Annual Salary | $53,965 |
| Monthly Pay | $4,497 |
| Weekly Pay | $1,038 |
| Hourly Wage | $25.94 |
What is middle class income 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).
What is the average income for a single person in Utah?
$31,771
Utah Per Capita Income
The ACS survey shows the median per capita income for Utah was $31,771 in 2019. Compared to the US per capita income, Utah per capita income is $3,901 lower. Per capita income numbers for 2020 will be released in September of 2021.
What is a liveable wage in Utah?
Living Wage Calculation for Salt Lake County, Utah
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $15.11 | $33.15 |
| Poverty Wage | $6.13 | $12.60 |
| Minimum Wage | $7.25 | $7.25 |
Who is the richest person in Utah?
With a net worth pegged at $5.7 billion, Utah native Jeff T. Green is now believed to be the wealthiest person who hails from the Beehive State. He announced Tuesday that he has signed The Giving Pledge by committing to share “at least 90% of his wealth” in his life or at his death with philanthropic causes.
What is the highest paying job in Utah?
Owner/operator
Detailed List Of Highest Paying Jobs In Utah
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Owner/operator | $179,484 |
| 2 | Consultant And Sales Representative | $164,289 |
| 3 | Vice President Of Operations And Engineering | $152,366 |
| 4 | Vice President, Product Management | $145,763 |
What income is considered upper class in Utah?
Upper Class Salary in Utah
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $73,977 | $6,164 |
| 75th Percentile | $60,569 | $5,047 |
| Average | $47,086 | $3,923 |
| 25th Percentile | $35,139 | $2,928 |
What is lower class income?
The lowest-income group earned less than $40,100 for a family of three while the highest-income households had incomes topping $120,400 in 2018 dollars.A family earning between $32,048 and $53,413 was considered lower-middle class.
What is the upper class income range?
In 2018, the national middle-income range was about $48,500 to $145,500 annually for a household of three. Lower-income households had incomes less than $48,500 and upper-income households had incomes greater than $145,500 (incomes in 2018 dollars).
What percent of Utah is Mormon?
Statewide, Mormons account for nearly 62 percent of Utah’s 3.1 million residents. That number is also inching down as the state’s healthy job market attracts non-Mormon newcomers from other places.
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 it expensive to live in Utah?
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 |
Why are Utah homes so expensive?
Utah Foundation researched that question, and Senior Research Analyst Christopher Collard said it’s more the result of people from Utah who didn’t leave.Turns out Utah’s strong economy over many years is responsible for the long-term growth in housing prices.
How much do I need to make a year to live comfortably in Utah?
The Economic Policy Institute’s Family Budget Calculator claims you need a lot more than that — somewhere between $43,000 and $66,000 per year. This criteria is based on the needs for housing, food, transportation, health care and taxes. Here’s all that in context for those living in Utah.
What is Utah’s minimum wage 2021?
$7.25 per hour
Utah’s state minimum wage rate is $7.25 per hour. This is the same as the current Federal Minimum Wage rate. The minimum wage applies to most employees in Utah, with limited exceptions including tipped employees, some student workers, and other exempt occupations.
Where do millionaires live in Utah?
Salt Lake City is the city with the second most billionaires with the highest combined net worth in Utah. There is one billionaire in the city worth an estimated $1.9 billion.
This is the City in Utah With the Most Billionaires.
| City with the most billionaires: | Utah: Provo |
|---|---|
| Number of billionaires: | 3 |
| Total billionaire net worth: | $3.5 billion |
| Top billionaire: | Ryan Smith |
Who’s the richest woman in Utah?
Miller Group of Companies (LHM Group). With a net worth of $1.9 billion she is the wealthiest person in Utah.
Gail Miller (businesswoman)
| Gail Miller | |
|---|---|
| Born | Karen Gail Saxton October 14, 1943 Sandy, Utah, U.S. |
| Occupation | Chairwoman and owner, LHM Group Former chairwoman and owner, Utah Jazz |
How many millionaires live in Utah?
Utah now has an estimated 71,613 millionaires, or about 7.06 percent of the population, ranking the state 16th in the nation behind, according to Kiplinger data. That percentage is higher than the national average of 6.71 percent of US households who claim millionaire status.
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 jobs are in demand in Utah?
Detailed List Of The Fastest Growing Jobs In Utah
| Rank | Job Title | Jobs in 2024 |
|---|---|---|
| 1 | Veterinary Technician | 1,490 |
| 2 | Operations Analyst | 1,060 |
| 3 | Software Developer | 14,040 |
| 4 | Web Developer | 3,290 |
