UT
Utah
FIPS 49 · Population 3,392,331
6 Sources
Updated June 22, 2026
3.4M ▲
Population
334,922,499 U.S.
$95,166 ▲
Median Income
$80,734 national
$299.5B
GDP
3.3%
Unemployment
4% national
County Map
Click a county to view its economic profile
Demographics & Population
Census Bureau American Community Survey 2024 · 5-Year Estimates
Household Income
Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
Median Household
$95,166
Per Capita
$40,873
Mean Household
$121,376
Poverty Rate
8.5% ▼
Age & Race / Ethnicity
Source: Census Bureau ACS 2024 · Tables B01001, B02001, B03003
Cohorts
Under 18 · 27.8%
18-34 · 26.5%
35-54 · 24.7%
55-64 · 9.1%
65+ · 11.9%
Race & Ethnicity
Hispanic or Latino is an ethnic category and overlaps with the race categories above.
Educational Attainment
Source: Census Bureau ACS 2024 · Table B15003 · Population 25+
93.4%
High School+
National: 89.6%
▲ +3.8 pts
37.7%
Bachelor's+
National: 35.7%
▲ +2.0 pts
13%
Graduate+
National: 14.1%
▼ 1.1 pts
Employment Overview
Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
3,392,331
Population
1,784,991
Labor Force
Employed
1,714,800
Unemployment Rate BLS LAUS 2024 annual
3.3%
Mean Commute 4 min below national avg
22.1 min
Work From Home vs 15.1% national
17.6%
Utah's median household income sits 18% above the national median. At 8.5%, its poverty rate runs 4.0 pts below the ~12.5% national level, relevant for federal funding eligibility narratives. Bachelor's-or-higher attainment of 37.7% exceeds the national average of 35.7%.
Source: U.S. Census Bureau American Community Survey 2024 5-Year Estimates (released December 2025). Figures reflect the most recent Census release, older news reports may cite prior vintages.
Key Takeaways
- Income premium: Households earn well above the national median, supporting strong consumer markets statewide.
- Young population: Median age of 32 is materially below the U.S. norm, a workforce pipeline asset.
Economy & Industry
Bureau of Labor Statistics QCEW · Bureau of Economic Analysis
Key Takeaways
- Largest sector: Health Care and Social Assistance employs 191,686 workers (17.1% of the tracked sectors), at an average wage of $58,517.
- Economic scale: State GDP of $299.5B (2024).
Source: BLS QCEW + BEA Regional GDP.
Industry Concentration
Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.
Attraction Opportunities - Below-Average Industries
LQ < 0.5, below-average employment, potential attraction targets. Source: BLS QCEW · 3-digit NAICS sub-sector
0.22x
Support Activities for Agriculture and Forestry
939 employed
0.25x
Textile Mills
231 employed
0.26x
Transit and Ground Passenger Transportation
1,650 employed
0.38x
Religious, Grantmaking, Civic, Professional Orgs
6,000 employed
0.41x
Crop Production
2,408 employed
Key Takeaways
- Top specialization: Funds, Trusts, and Other Financial Vehicles concentrates at 3.76x the national norm, strong concentration that anchors the local economy.
- Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
- Attraction whitespace: 5 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.
Source: BLS QCEW sub-sector Location Quotients.
Housing & Affordability
Census ACS · HUD Fair Market Rents FY2026
Housing Overview
Source: Census Bureau ACS 2024 5-Year Estimates · Tables B25001, B25077, B25064
$489,400 ▲
Median Home Value vs 2019
$1,496 ▲
Rent/Mo
70.2% ▲
Owner-Occ
8.1% ▼
Vacancy
5.1x
Home Value to Income Ratio - Stretched
vs. ~4.1x national average
HUD Fair Market Rents (Statewide)
Renter-household-weighted average across 29 Fair Market Rent areas · Source: HUD · Fair Market Rents FY2026
Studio
$1,196/mo$711 to $1,771
1 Bedroom
$1,308/mo$810 to $1,887
2 Bedroom
$1,582/mo$973 to $2,185
3 Bedroom
$2,132/mo$1,211 to $2,958
4 Bedroom
$2,514/mo$1,547 to $3,492
30% of monthly median household income (~$2,379/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
- Stretched market: Home value to income ratio of 5.1x is well above the ~4.1x national average; attainable workforce housing may be a recruitment friction.
- High home ownership: 70.2% owner-occupied; rental supply may be tight for incoming workers.
Source: Census ACS housing tables.
Workforce Pipeline
Labor force readiness, commuting, and workforce composition
Labor Market Overview
Source: Census ACS 2024 · Tables B01001, B23025, B08303, B08301
2,047,026 ▲
Working Age (18-64) vs 2019
▲ vs 2019
Mean Commute
22.1 min
Work From Home
17.6%
Education & Talent Pipeline
Source: Census ACS 2024 · Table B15003 · College Scorecard
Bachelor's+
37.7%
HS Diploma+
93.4%
Top Institutions
Degrees, certificates, and other credentials awarded last academic year (College Scorecard).
43,908/yr
15,351/yr
9,223/yr
7,920/yr
6,665/yr
6,620/yr
Aging Workforce
Source: Census Bureau ACS · Derived from age & employment tables
15.2%
55-64 of working-age population (18-64)
Workforce by Occupation
Source: Census ACS 2024 · Table C24010 · Civilian employed population 16+
Management / Professional
42.9%
Service
14.3%
Sales & Office
21.2%
Construction / Maint.
8.8%
Production / Transport
12.7%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 1,714,800 employed workers.
Key Takeaways
Source: ACS workforce data.
County Profiles
29 counties in Utah
Beaver County
FIPS 49001
Box Elder County
FIPS 49003
Cache County
FIPS 49005
Carbon County
FIPS 49007
Daggett County
FIPS 49009
Davis County
FIPS 49011
Duchesne County
FIPS 49013
Emery County
FIPS 49015
Garfield County
FIPS 49017
Grand County
FIPS 49019
Iron County
FIPS 49021
Juab County
FIPS 49023
Kane County
FIPS 49025
Millard County
FIPS 49027
Morgan County
FIPS 49029
Piute County
FIPS 49031
Rich County
FIPS 49033
Salt Lake County
FIPS 49035
San Juan County
FIPS 49037
Sanpete County
FIPS 49039
Sevier County
FIPS 49041
Summit County
FIPS 49043
Tooele County
FIPS 49045
Uintah County
FIPS 49047
Utah County
FIPS 49049
Wasatch County
FIPS 49051
Washington County
FIPS 49053
Wayne County
FIPS 49055
Weber County
FIPS 49057
AI Insights
AI-assisted analysis, drawn from 6 federal data sources
Sample AI Insight
Utah shows meaningful potential for funds, trusts, and other financial vehicles attraction, with a 3.76x concentration and 1,420 jobs in this sub-sector.
Cluster depth across funds, trusts, and other financial vehicles, miscellaneous manufacturing, and mining (except oil and gas) creates supply-chain attraction leverage, a structural advantage for industrial recruitment.
Industry Shift Analysis
Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100
Prospect Match Scores
Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example
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Data Sources
Updated from official federal government data.
Census ACS 5-Year2024
BLS QCEW2025
BEA Regional GDP2024
Census CBP2024
HUD Fair Market RentsFY2026
USAspending.govFY2026
Frequently Asked Questions
Key economic and demographic figures for Utah, from federal data sources.
What is the population of Utah?
3,392,331 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the median household income in Utah?
$95,166 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the unemployment rate in Utah?
3.3% (2024 annual average, U.S. Bureau of Labor Statistics, LAUS).
What is the GDP of Utah?
$299.5B (BEA SAGDP (state GDP)).
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