Utah’s Economy: Utah in Top Ten in Household Income

Utah in Top Ten in Household Income
In 2012 Utah ranked tenth among all states in household income. The median household income for Utah, as reported by the U.S. Census Bureau, was $56,787, 15 percent above the national median of $49,445. New Hampshire ranks first in household income while Mississippi ranks last.

It’s important to keep in mind that household income includes more than wages. Besides wages, household income also includes dividends, interest, rents, transfer payments (Social Security) and other non-wage income. While household income in Utah is above the national median, Utah’s average wage rate is below the national average.

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