Salt Lake City: Economy & Jobs
Median household income in Salt Lake City is $75,090 (1.3× below Salt Lake County median $97,494; 1.3× below Utah median $95,166), with homes at a median value of $539,500. The surrounding county supports 796,203 jobs (avg $77,495).
- $95,513 avg taxable income per return — higher than the median household income (at Utah median).
Income & Affordability
Median household income $75,090 — below the Utah median ($97,537). Poverty rate 13.6% (U.S. average ~12.5%). 39% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).
| Affordability · Home Price To Income | 7.2× |
|---|---|
| Affordability · Home Affordability | very expensive |
| Affordability · Rent Pct Income | 21.5% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 39.0% |
| Affordability · Poverty Rate | 13.6% |
| Affordability · Property Tax Pct Income | 3.6% |
| Irs Income · IRS tax returns filed | $565,830 |
| Irs Income · Total Adjusted Gross Income (thousands) | $54,044,249 |
| Irs Income · Average AGI per return | $95,513 (at Utah median) |
| Income Estimate | $85,378 |
| Median Household Income | $75,090 (vs Utah $97,537) |
| Poverty Rate | 13.6% |
Sources: IRS SOI 2022 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Economic Character
Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.
| Economic Character · Workforce | white_collar |
|---|---|
| Economic Character · Top Industry | Education Healthcare |
| Economic Character · Income Level | upper-middle |
| Economic Character · Median Income | $75,090 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 3.1% — below the U.S. average of ~4%. 21% work from home (U.S. average ~15%).
| Commuter Profile · Mean Commute Min | 19.50 |
|---|---|
| Commuter Profile · Work From Home Pct | 20.8% |
| Commuter Profile · Profile | short commute |
| Employment · Avg annual employment (county) | 796,203 |
| Employment · Total annual wages (county) | $61,701,494,729 |
| Employment · Average annual pay | $77,495 |
| All Occupations · Employment | 1,678,660 |
| Unemployment Rate | 3.1% (vs Utah 2.5%) |
Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Industry Sectors
Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.
| Agriculture · Total Farms | 91 |
|---|---|
| Agriculture · Land In Farms Acres | 1,982 |
| Agriculture · Avg Farm Size Acres | 21.80 |
| Agriculture · Top Commodities | Crop Totals, Horticulture Totals, Floriculture Totals, Animal Totals, Vegetable Totals |
| Business Patterns · Establishments (employer count) | 35,284 |
| Business Patterns · Total Employees | 662,729 |
| Business Patterns · Annual Payroll Thousands | 44,583,494 |
Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match
Local Business Mix
Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.
| Local Businesses · Grocery Stores | 167 |
|---|---|
| Local Businesses · Convenience Stores | 74 |
| Local Businesses · Liquor Stores | 22 |
| Local Businesses · Gas Stations | 226 |
| Local Businesses · Department Stores | 10 |
| Local Businesses · General Merchandise | 58 |
| Local Businesses · Clothing Stores | 103 |
| Local Businesses · Pet Stores | 37 |
Sources: Census CBP — NAICS detail codes
Dining Scene
Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.
| Dining Scene · Full Service Restaurants | 725 |
|---|---|
| Dining Scene · Fast Food | 1,048 |
| Dining Scene · Bars | 99 |
| Dining Scene · Coffee Snacks | 305 |
Sources: Census CBP NAICS 722
Banking
FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.
Branches (20)
SNAP & Food Access
USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.
Sample (5)
| Nearest Snap · Name | 7 -Eleven Store 38764A |
|---|---|
| Nearest Snap · Total In Area | 277 |
Chamber of Commerce
IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.
| Chamber Of Commerce · Name | UTAH AFRICAN AMERICAN CHAMBER OF COMMERCE INC |
|---|
Sources: IRS EO BMF · Refreshed 2026-04-12
Spending & Tax
Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).
| Federal Spending · Federal Spending Fy2024 | $8,937,868,884 |
|---|---|
| Federal Spending · Per Capita | 7,540.99 (vs Utah $7,316) |
| Federal Spending · Population | 1,185,238 people (vs Utah 48,425) |
Sources: USAspending API
Other
| Job Training · Total count | 3 |
|---|---|
| Pct Drove Alone | 57.5% |
| Pct Public Transit | 5.1% |
| Pct Walked | 20.8% |
| Retirement Score · Median age | 32.9 years (at Utah median) |
| Retirement Score · Ss Household Pct | 20.3% |
| Retirement Score · Hospitals Nearby | 10 |
| Retirement Score · Va Access | Yes |
| Retirement Score · Factors | hospital access, VA nearby |
| Retirement Score · Rating | fair |
Sources: IRS BMF keyword search · Census ACS 5-Year 2023 · Refreshed 2026-04-12