What Is the Average Salary by Age in Utah in 2024?
There’s a lot to like about living in Utah: five beautiful national parks, a thriving economy, and according to the U.S. Census, a median household income of $95,800. By comparison, the median annual income in the U.S. is $75,580.
Here’s a look at how salaries in the state differ by age, city, and county.
What Is the Average Salary in Utah by Age in 2023?
According to the Social Security Administration, the average salary in the U.S. is $63,795. But salaries can fluctuate greatly when you factor in age. Here’s how median household incomes in Utah break down by age, as the Census data below shows:
• Under 25 years: $54,506
• 25 to 44 years: $95,206
• 45 to 64 years: $111,825
• 65 years and over: $63,225
Not surprisingly, workers who are between the ages of 25 and 64, and in the prime years of their earning capacity, have the highest income, while those who are younger and just starting out professionally earn less. A budget planner app can help you make your money go further, regardless of your income.
Check your score with SoFi Insights
Track your credit score for free. Sign up and get $10.*
Recommended: US Average Income By Age
What Is the Average Salary in Utah by City in 2023?
The following list gives the average salaries for 10 of the highest-paying cities in Utah, according to ZipRecruiter. While none offer a six-figure salary, all of the cities have an average pay that’s higher than the state’s average salary of $48,753.
Cities tend to have a higher cost of living than rural or semi-urban areas. When considering how much you’ll need to earn to cover basic expenses in an area, you’ll want to look at the cost of housing, transportation, food, and property taxes. A money tracker can help you monitor your current spending, so you can compare the two.
Two cities in Utah with the highest average salaries are Cottonwood Heights and White Mesa, with average salaries of $80,422 and $74,392, respectively.
City | Average Annual Salary |
---|---|
Cottonwood Heights | $80,422 |
White Mesa | $74,392 |
Sutherland | $63,656 |
Roy | $63,269 |
Deseret | $63,103 |
Samak | $61,664 |
Salt Lake City | $61,619 |
Montezuma Creek | $61,580 |
Summit Park | $59,846 |
Ferron | $59,836 |
Recommended: How to Calculate Your Net Worth
What Is the Average Salary in Utah by County in 2023?
Because cities tend to have a higher cost of living than rural areas, looking at average salaries by county might give you a better idea of your earning power in the different areas of Utah. You can also compare the figures to the average pay in the United States to see how it stacks up against other job markets.
Below are data from the Census Bureau showing per capita income by county in Utah, according to Utah.gov. We selected 10 counties in different regions of the state to give a broad perspective. Summit County has the highest per capita income by far at $156,537. San Juan County has the lowest per capita income at $30,198
County | Per Capita Income |
---|---|
Summit | $156,537 |
Grand | $60,928 |
Salt Lake | $59,077 |
Piute | $48,595 |
Weber | $46,675 |
Box Elder | $44,131 |
Iron | $36,412 |
Uintah | $32,945 |
Sanpete | $32,927 |
San Juan | $30,198 |
Examples of the Highest-Paying Jobs in Utah
Below are 10 examples of the highest-paying jobs in Utah.
Profession | Annual Salary Range |
---|---|
Pick-up Truck Owner/Operator | $113,800-$309,500 |
Dedicated Owner/Operator (Long-Haul Trucking) | $59,547-$239,993 |
Pharmacist | $106,100-$127,500 |
State Government Worker | $85,600-$120,600 |
Mechanical Engineer | $74,200-$115,200 |
Helicopter Pilot | $81,900-$102,000 |
Rig Welder | $66,000-$91,000 |
Public Health | $55,100-$81,000 |
Medical Interpreter | $48,700-$75,600 |
Master Esthetician | $41,900-$70,600 |
Source: ZipRecruiter.com
The Takeaway
The state of Utah offers diverse employment opportunities, including plenty of jobs for introverts. Utah’s median household income of $95,800 is higher than the median household income for the United States, which is $75,580, as reported by the Census Bureau.
While younger workers in Utah can expect to make entry-level salaries, experienced employees typically command more. As in other states, median household incomes in Utah are highest for those in their prime earning years, aged between 25 and 64. In this age group, median incomes range from $95,000 to $111,000. High-earning jobs in Utah include pick-up truck owners and operators, pharmacists, mechanical engineers, and public health workers.
Take control of your finances with SoFi. With our financial insights and credit score monitoring tools, you can view all of your accounts in one convenient dashboard. From there, you can see your various balances, spending breakdowns, and credit score. Plus you can easily set up budgets and discover valuable financial insights — all at no cost.
FAQ
What is a good average salary in Utah?
The median household income in Utah is $95,800, so a salary or income that equals or exceeds that would be considered good income.
What is the average gross salary in Utah?
According to ZipRecruiter, the average gross salary in Utah is $48,753.
What age group earns the most in Utah?
Median household incomes are highest for those in their prime earning years, aged between 25 and 64. In this age group, median incomes range from $95,000 to $111,000. High-earning jobs in Utah include pick-up truck owner-operators, pharmacists, mechanical engineers, and public health workers.
What is a livable wage in Utah?
According to MIT’s Liveable Wage Calculator, one adult with no children would need to make more than $22 an hour to afford typical expenses. For one adult and one child, the living wage jumps to $37.62. For two adults, both working, with one child, the living wage is $36.79.
Photo credit: iStock/PeopleImages
SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.
*Terms and conditions apply. This offer is only available to new SoFi users without existing SoFi accounts. It is non-transferable. One offer per person. To receive the rewards points offer, you must successfully complete setting up Credit Score Monitoring. Rewards points may only be redeemed towards active SoFi accounts, such as your SoFi Checking or Savings account, subject to program terms that may be found here: SoFi Member Rewards Terms and Conditions. SoFi reserves the right to modify or discontinue this offer at any time without notice.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
SORL-Q224-1840906_V1
Read more