9% of jobs $3,814 is the 25th percentile. Salaries below this are outliers. 27% of jobs $5,702 is the 75th percentile. Salaries above this are outliers.
What are Top 10 Highest Paying Cities for Average Jobs in Utah.
| City | Salt Lake City |
|---|---|
| Annual Salary | $59,055 |
| Monthly Pay | $4,921 |
| Weekly Pay | $1,136 |
| Hourly Wage | $28.39 |
What is a livable salary in Utah?
Living Wage Calculation for Salt Lake County, Utah
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $17.59 | $23.69 |
| Poverty Wage | $6.19 | $6.37 |
| Minimum Wage | $7.25 | $7.25 |
What is an average salary in Utah?
Hourly Rate Salary in Utah
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $57,795 | $4,816 |
| 75th Percentile | $44,849 | $3,737 |
| Average | $36,810 | $3,067 |
| 25th Percentile | $26,816 | $2,234 |
What is a comfortable wage in Utah?
The average salary needed to live comfortably across all of the major metro areas is $57,013, according to SmartAsset. To check out the MIT Living Wage calculator for all Utah counties and metro areas, click here.
What is a good salary in SLC?
A good salary in Salt Lake City, UT is anything over $43,000. That’s because the median income in Salt Lake City is $43,000, which means if you earn more than that you’re earning more than 50% of the people living in Salt Lake City. The average salary in Salt Lake City is $52,112.
What income is considered middle class in Utah?
We define the middle class based on household income, com- pared to median income and federal poverty guidelines. In 2016, the regionally adjusted lower and upper income bounds for Utah’s middle income households were $39,690 to $98,270 (Table 1).
Is 72k a year a good salary?
An income of $70,000 surpasses both the median incomes for individuals and for households. By that standard, $70,000 is a good salary.
What is the richest city in Utah?
Highland
In Utah, the richest town is Highland, located in Utah County about 30 miles south of Salt Lake City. Here’s some of the data provided by Stacker: Median household income: $139,453 (103% more than U.S. median income) Households earning over $200,000: 1,030 (23.4% of households)
What is a good salary?
According to the census, the national average household income in 2019 was $68,703. A living wage would fall below this number while an ideal wage would exceed this number. Given this, a good salary would be $75,000.
Is 105k a good salary?
The Bureau of Labor Statistics states that the average American makes $865 a week working full-time. That comes out to $44,980 per year. If you’re making $105,000 you are above the average American. Depending on your financial goals, you may or may not consider adding additional streams of income.
Is it cheaper to live in Utah or Texas?
Costs of Living in Utah vs Texas
Texas is estimated to be up to be more than 1.5% more expensive to live in than Utah. Childcare is 7.5% more expensive in Texas, and sports and entertainment eat more out of your pocket than they do in Utah.
Is it cheaper to live in Utah or Arizona?
Arizona is 4.9% more expensive than Utah.
How affordable is it to live in Utah?
An amount below 100 means Utah is cheaper than the US average.
Utah cost of living is 110.8.
| COST OF LIVING | Utah | United States |
|---|---|---|
| Health | 102.7 | 100 |
| Housing | 146.3 | 100 |
| Median Home Cost | $458,900 | $291,700 |
| Utilities | 94.6 | 100 |
What salary do you need to live comfortably in Salt Lake City?
To live comfortably in a one-bedroom apartment, you should shoot for an income of at least $70,840 a year or $34.06 an hour. For a two-bedroom apartment, you’ll need to earn at least $91,200 a year or $43.85 per hour.
How much money do you need to live comfortably?
This means a single person needs to make at least $66,434 after taxes to live comfortably. After their basic living expenses are covered, an individual could spend $19,930 on wants and set $13,287 aside for savings or debt paydown.
Is Salt Lake City affordable?
Overall cost of living
On the cost of living index, Salt Lake City earns an overall score of 118.9—which is slightly higher than the national average of 100. Salt Lake City ranks significantly higher on this index than many of the Southwest’s large cities, such as: Santa Fe: 115.4. Las Vegas: 111.6.
What salary is upper class?
An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher. However, an upper class income also depends on where you live.
What is considered upper class in Utah?
In Utah, you’ll need to earn $198,875 or more to be considered a “rich” person in the top 5% of the states nearly 3.4 million residents. The ultra-rich, or the top 5% of earners in Utah, make way more: $517,405 on average, according to the analysis.
What is considered high income Utah?
Average Household Income: $94,452. Per Capita Income: $30,986. 7.0% of Households in Utah are High Income Households that make over $200,000 a year.
How much is $75 000 a year hourly?
$38.46
If you make $75,000 per year, your hourly salary would be $38.46. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 37.5 hours a week.
Is 70k salary middle class?
In 2010, the Census Bureau reports that the median income in the United States was $49,445, so if you go a little lower or higher, you get a middle-class range of between about $30,000 and $70,000 a year.
