Here Are The Richest Cities In Utah, Revealed By The Latest Census Data

In a latest research, we analyzed and recognized the richest cities in Colorado. Now, we’re going to proceed our tour of the Rocky Mountain states and we’re focusing our consideration on the state that noticed the completion of the primary transcontinental railroad with the well-known “golden spike” pushed dwelling in 1869 at Promontory Summit — Utah.

We analyzed over 330 cities within the state with a view to zero in on the richest cities in Utah. The tactic wherein we evaluated and scored every metropolis’s rating is detailed beneath.

Learn on to seek out out what the richest metropolis in Utah is, plus the highest 50 wealthiest cities within the state general.

What Are the Richest Cities in Utah?

With the intention to compile this listing of the richest cities in Utah, we sourced key monetary information from the Census Bureau’s 2022 American Neighborhood Survey. Armed with these datasets, we constructed a four-factor scoring system to assist determine the wealthiest cities in Utah:

• Median family earnings
• Imply (common) family earnings
• Median dwelling worth
• Median property taxes paid

In relation to Census information, there are just a few quirks to keep in mind: For sure components, the Census numbers have higher limits, so there’s no actual worth for sure components. For instance, for median family earnings, the Census Bureau has an higher restrict of “$250,000+”. For median dwelling worth, the higher restrict is “$2,000,000+”. For median property taxes paid, the higher restrict is “$10,000+”. For these causes, the imply family earnings (which is similar as common family earnings) dataset is essential as a result of the Census Bureau has actual figures for it. All 4 of those metrics have been scored, added up, after which ranked by the cities’ mixed scores.

Under you’ll discover a desk detailing the highest 50 richest cities in Utah and their respective greenback figures for every metric: