Question: What Is A Livable Wage In Utah?

What is considered low income in Utah?

Utah has one of the nation’s lowest poverty rates: 10.2 percent, seventh lowest among the states.

That is down from 11.3 percent a year earlier.

The national average is 14 percent.

(The 2017 federal poverty level is $12,060 for a single individual; $16,240 for a two-person household; and $20,420 for three.).

What is middle class income in Utah?

We applied this criteria to Utah households surveyed in 2016, and for a household with two people, annual middle class incomes were between $24,590 and $81,970, while a household with four people required at least $37,300 and less than $124,330 to be considered middle class (Table 3).

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

Typical Expenses1 ADULT2 ADULTS (1 WORKING)0 Children1 ChildTransportation$4,094$10,126Other$2,734$4,732Required annual income after taxes$21,109$42,2476 more rows

What is considered a good salary in Utah?

Utah AverageSalary Range (Percentile)25thAverageAnnual Salary$45,773$61,647Monthly Salary$3,814$5,137Weekly Salary$880$1,1861 more row

What is the cheapest city to live in in Utah?

The Most Affordable Places To Live In UtahRankCityPopulation1Hyrum8,0652Price8,2813Sunset5,2294Nibley6,65539 more rows

What is the most dangerous city in Utah?

Where Are The Most Dangerous Cities In Utah?RankCityViolent Crimes Per Capita1South Salt Lake9612Salt Lake City7303West Valley6894Murray4346 more rows

How much does the average house cost in Utah?

In June, the median home price was up to $335,000. The median home price has risen drastically over the past several years, according to the association’s reports. In June 2018, the median home price in Utah County was $315,000 and in June 2017, it sat at $273,000.

Is it cheaper to live in Utah or Colorado?

Overall, the cost of living in Utah is 2% below the national average while Colorado’s cost of living is higher than 28 other states. … Cities like Colorado Springs and Leadville have a lower cost of living, which are 3% lower than average with median home costs just under $200,000.

What are the 5 social classes?

Gallup has, for a number of years, asked Americans to place themselves — without any guidance — into five social classes: upper, upper-middle, middle, working and lower. These five class labels are representative of the general approach used in popular language and by researchers.

Is Utah a rich state?

Utah’s government prudence has helped Utah rank number one on ALEC’s Rich States, Poor States evaluation for the 12th consecutive year.

What is the average income in the state of Utah?

Utah counties ranked by per capita incomeRankCountyMedian household income1Summit$79,461United States$51,9142Wasatch$65,2043Rich$54,73727 more rows

What is the richest city in Utah?

Silver SummitThe richest town in Utah is Silver Summit.

Why is Utah housing so expensive?

Geographical constraints. Utah Valley is building out mostly to the south (Payson/Santaquin/Springville) area and west of Utah Lake because that’s where the land is. This has bid land prices up, which is a large part of why housing is now so expensive.

What is the average family income in Utah?

Real Median Household Income in Utah20183 Year ChangeUS$61,937+4.77%Utah$71,414+7.10%

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….2668 W 2275 N.COST OF LIVINGUtahUnited StatesHealth102.7100Housing146.3100Median Home Cost$338,200$231,200Utilities94.61004 more rows

What is the poorest county in Utah?

San JuanWith a per capita income of $17,500, San Juan is the poorest county in the state, but its residents already pay 0.84% of a property’s assessed fair market value in taxes, the state’s highest rate. Neighboring Wayne County, by contrast, has the lowest taxes in the state at 0.34%, according to

Is it cheaper to live in Utah or Idaho?

Idaho has a cost of living that is 5% below the national average while Utah’s cost of living is slightly higher, coming in at 3.8% above the national average. … More affordable cities like Idaho Falls or Meridian have a lower than average cost of living.

What are the best paying jobs in Utah?

Here’s a quick look at the top ten highest paying jobs in Utah:Pediatricians, General.Obstetricians and Gynecologists.Physicians, All Other; and Ophthalmologists, Except Pediatric.Family Medicine Physicians.Law Teachers, Postsecondary.Chief Executives.Podiatrists.Health Specialties Teachers, Postsecondary.More items…