What is the median income in Salt Lake City?

The median household income in Salt Lake City is $72,357 as of 2018-2022 data, slightly lower than the national median of $75,529.

Salt Lake City's median income has increased by over 51% since 2000, when it was $36,944, reflecting the city's strong economic growth.

The per capita income in Salt Lake City is $49,767, about 20% higher than the Salt Lake City metropolitan area average of $41,933.

Median household income varies significantly across different neighborhoods in Salt Lake City, with the affluent East Bench area having incomes much higher than the citywide average.

Salt Lake County, which contains Salt Lake City, has a median household income of $91,891, about 25% higher than the national median.

The median family income in Salt Lake City was $94,736 in 2021, 25.44% higher than the median family income across the state of Utah.

Between 2021 and 2022, Salt Lake City's median household income grew by 9.42%, a significantly faster rate than the national average.

The city's population grew by 0.80% between 2021 and 2022, indicating continued economic and population growth.

Compared to the Salt Lake City metropolitan area, the city's median household income is about 80% of the regional average.

Salt Lake City's high-tech and healthcare sectors have been major drivers of its economic growth and rising incomes in recent years.

The city's low cost of living relative to other major tech hubs has also contributed to its attractiveness for high-income residents and businesses.

Despite the city's overall prosperity, pockets of economic inequality and lower incomes persist in certain neighborhoods and communities.