ExecutivePulse
UT

Utah

Population 3,392,331
6 Sources Updated August 12, 2026
3.4M
Population
334,922,499 U.S.
$95,166
Median Income
$80,734 national
$299.5B
GDP (current $), change real
3.3%
Unemployment
4.0% national

County Map

Click a county to view its economic profile

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$95,166
Per Capita
$40,873
Mean Household
$121,376
Poverty Rate
8.5%

Age & Race / Ethnicity

Source: Census Bureau ACS 2020-2024 · Table B01001, B02001, B03003
65+: 11.9% (402,316 residents) 55-64: 9.1% (310,296 residents) 35-54: 24.7% (839,345 residents) 18-34: 26.5% (897,385 residents) Under 18: 27.8% (942,989 residents) 32 Median Age
Cohorts
Under 18 · 27.8%
18-34 · 26.5%
35-54 · 24.7%
55-64 · 9.1%
65+ · 11.9%
Race & Ethnicity
White78.7%
Two or More Races9.7%
Some Other Race6%
Asian2.4%
Black or African American1.2%
American Indian and Alaska Native1%
Native Hawaiian and Other Pacific Islander0.9%
Hispanic or Latino(any race)15.9%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
93.4%
High School+
National: 89.6%
+3.8 pts
37.7%
Bachelor's+
National: 35.7%
+2.0 pts
13%
Graduate+
National: 14.1%
1.1 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
3,392,331
Population
1,784,991
Labor Force
Employed
1,714,800
Unemployment Rate BLS LAUS 2024 annual
3.3%
2025 is not shown for Utah: a state annual average needs all 12 months and the Bureau of Labor Statistics has published 11. County pages draw on the separate annual series and may show 2025.
Mean Commute 4 min below national avg
22.1 min
Work From Home vs 15.1% national
17.6%
Labor Force and Employed are ACS 5-Year survey estimates; the Unemployment Rate above comes from BLS LAUS, a separate monthly survey with its own methodology. The two won't reconcile by subtracting one from the other.
Utah's median household income sits 18% above the national median. At 8.5%, its poverty rate runs 4.0 pts below the ~12.5% national level, relevant for federal funding eligibility narratives. Bachelor's-or-higher attainment of 37.7% exceeds the national average of 35.7%.
Source: U.S. Census Bureau American Community Survey 2020-2024 5-Year Estimates (released December 2025). Figures reflect the most recent Census release, older news reports may cite prior vintages.
Key Takeaways
  • Income premium: Households earn well above the national median, supporting strong consumer markets statewide.
  • Young population: Median age of 32 is materially below the U.S. norm, a workforce pipeline asset.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$299.5B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP2 Regional GDP
98.864
Cost of Living - Below Avg

Top Private-Sector Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual · Private sector only, with government shown below
Top private-sector industries by employment in Utah, with employment, share of top sectors, and average wage. Government employment is excluded and reported separately below the table.
IndustryEmployment% of Top SectorsAvg Wage
1Health Care and Social Assistance
191,686 17.1%
$58,517
2Retail Trade
175,089 15.6%
$44,633
3Manufacturing
153,350 13.6%
$78,518
4Accommodation and Food Services
144,374 12.8%
$26,490
5Professional, Scientific, and Technical Services
133,348 11.9%
$113,041
6Administrative and Support and Waste Management
95,422 8.5%
$57,048
7Finance and Insurance
74,481 6.6%
$109,067
8Transportation and Warehousing
70,579 6.3%
$68,745
9Other Services (except Public Administration)
43,493 3.9%
$49,319
10Educational Services
42,159 3.8%
$55,367
Government employment · context only
268,115

Public-sector jobs are not in the table above and are not part of any share or location quotient on this page. Both are measured on the private economy only, 1,472,901 private jobs in 2025: every location quotient divides by that total, and the % of Top Sectors column divides by the sectors listed above. Private employment is the standard basis for measuring industry concentration because government employment mostly serves the resident population rather than an outside market. Nothing on this card is expected to add up with the government figure.

Track industry shifts with AI

ExecutivePulse monitors WARN notices, BLS changes, and SEC filings for your top employers.

Learn More
Key Takeaways
  • Largest private-sector industry: Health Care and Social Assistance employs 191,686 workers (17.1% of the tracked sectors), at an average wage of $58,517. Every industry figure on this page is private sector; government employs a further 268,115 and is counted separately.
  • Economic scale: State GDP of $299.5B (2024).
  • Wage stratification: Professional, Scientific, and Technical Services averages $113,041 while Accommodation and Food Services averages $26,490, a 4.3x spread in the same economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP (CAGDP2).

Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Chart source: BLS QCEW · broad NAICS supersector · private sector · Location Quotient vs. national private-sector employment share. The same supersector axes appear on every profile, so the shape can be compared across geographies.
Concentrated Industries
List source: BLS QCEW · 3-digit NAICS sub-sector · private sector · Location Quotient vs. national private-sector employment share.
Same source and same private-sector basis as the Top Industries table above. These sit at a finer level than the chart's supersector axes, so the two sets of values are not directly comparable. The sub-sector view surfaces specialization the supersector view masks, such as Funds, Trusts, and Other Financial Vehicles here.
Funds, Trusts, and Other Financial Vehicles
3.80x
1,420
Miscellaneous Manufacturing
2.86x
19,292
Mining (except Oil and Gas)
2.63x
5,476
Postal Service
2.15x
174
Publishing Industries and Telecommunications
1.98x
19,642
Specialty Trade Contractors
1.70x
97,630
Furniture and Related Product Manufacturing
1.65x
6,087
Motion Picture and Sound Recording Industries
1.60x
6,411
Lessors of Nonfinancial Intangible Assets
1.60x
386
Petroleum and Coal Products Manufacturing
1.58x
1,905

Attraction Opportunities - Below-Average Industries

LQ < 0.5, below-average employment, screened against industrial power cost. Source: BLS QCEW · 3-digit NAICS sub-sector
0.22x
Support Activities for Agriculture and Forestry
939 employed
0.26x
Textile Mills
231 employed
0.26x
Transit and Ground Passenger Transportation
1,650 employed
0.38x
Religious, Grantmaking, Civic, Professional Orgs
6,000 employed
0.41x
Crop Production
2,408 employed
Screened on industrial power cost only. Industrial electricity in Utah costs 8.43¢/kWh against 8.62¢/kWh nationally (2025). Land area and freight access are not assessed at state level. Source: EIA.
Key Takeaways
  • Top specialization: Funds, Trusts, and Other Financial Vehicles concentrates at 3.80x the national norm, strong concentration that anchors the local economy.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
  • Attraction whitespace: 5 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.
Source: BLS QCEW sub-sector Location Quotients.
Industry Employment Composition
Utah's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of the top private supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2024 5-Year Estimates · Tables B25001, B25077, B25064
$489,400
Median Home Value vs 2019
$1,496
Rent/Mo
70.2%
Owner-Occ
8.1%
Vacancy
5.1x
Home Value to Income Ratio - Stretched
vs. ~4.1x national average

HUD Fair Market Rents (Statewide)

Renter-household-weighted average across 29 Fair Market Rent areas · Source: HUD · Fair Market Rents FY2026 · Affordability threshold and renter cost burden from Census ACS B25119, B25070
Studio
$1,196/mo$711 to $1,771
1 Bedroom
$1,308/mo$810 to $1,887
2 Bedroom
$1,582/mo$973 to $2,185
3 Bedroom
$2,132/mo$1,211 to $2,958
4 Bedroom
$2,514/mo$1,547 to $3,492
30% of monthly median renter household income (~$1,519/mo, from a renter median of $60,778) · rents above this line are typically considered cost-burdened.
Measured: 44.8% of renter households already pay 30% or more of income on rent, and 20% pay 50% or more.
Key Takeaways
  • Stretched market: Home value to income ratio of 5.1x is well above the ~4.1x national average; attainable workforce housing may be a recruitment friction.
  • High home ownership: 70.2% owner-occupied; rental supply may be tight for incoming workers.
  • Affordable rent tiers: 2 of 5 HUD Fair Market Rent bedroom sizes sit below what a household on the median renter income of $60,778 can pay without cost burden (~$1,519/mo), and 44.8% of renter households are measured as cost-burdened.
Source: Census ACS housing tables.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
2,047,026
Working Age (18-64) vs 2019
Labor force participation rate: 72.9% of population aged 18+ 73% Participation (18+)
vs 2019
Mean Commute 4 min below national avg
22.1 min
Work From Home vs 15.1% national
17.6%

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
37.7%
HS Diploma+
93.4%
6 Largest Institutions by Credentials Awarded
Degrees, certificates, and other credentials awarded last academic year (College Scorecard).
Western Governors University 43,908/yr
Utah Valley University 15,351/yr
University of Utah 9,223/yr
Brigham Young University 7,920/yr
Utah State University 6,665/yr
Weber State University 6,620/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
15.2%
55-64 of working-age population (18-64)
Same cohort is 9.1% of total population, the basis used in the Demographics cohort chart.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
42.9%
Service
14.3%
Sales & Office
21.2%
Construction / Maint.
8.8%
Production / Transport
12.7%
Bars are drawn on a 0% to 60% axis, so bar length is proportional to actual share. Labels give each group's share of 1,714,800 employed workers.
Key Takeaways
  • Healthy participation: 72.9% of the population aged 18+ is in the labor force, reflecting a steady, available workforce statewide.
Source: ACS workforce data.

County Profiles

29 counties in Utah

Beaver County FIPS 49001 Box Elder County FIPS 49003 Cache County FIPS 49005 Carbon County FIPS 49007 Daggett County FIPS 49009 Davis County FIPS 49011 Duchesne County FIPS 49013 Emery County FIPS 49015 Garfield County FIPS 49017 Grand County FIPS 49019 Iron County FIPS 49021 Juab County FIPS 49023 Kane County FIPS 49025 Millard County FIPS 49027 Morgan County FIPS 49029 Piute County FIPS 49031 Rich County FIPS 49033 Salt Lake County FIPS 49035 San Juan County FIPS 49037 Sanpete County FIPS 49039 Sevier County FIPS 49041 Summit County FIPS 49043 Tooele County FIPS 49045 Uintah County FIPS 49047 Utah County FIPS 49049 Wasatch County FIPS 49051 Washington County FIPS 49053 Wayne County FIPS 49055 Weber County FIPS 49057

AI Insights

Sample output. Pulse AI analysis draws on 6 federal data sources.

Sample AI Insight

Utah shows meaningful potential for funds, trusts, and other financial vehicles attraction, with a 3.80x concentration and 1,420 jobs in this sub-sector.

Cluster depth across funds, trusts, and other financial vehicles, miscellaneous manufacturing, and mining (except oil and gas) creates supply-chain attraction leverage, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

Take it further

AI Insights: Built into ExecutivePulse. Continuous analysis tied to your own pipeline: industry-shift signals, prospect matches, retention prompts.

Managed Services: Prefer to hand it off? Our team delivers the analysis and consulting for you.

Schedule a Demo
Available as premium offerings.

Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025
BEA Regional GDP2024
Census CBP2024
HUD Fair Market RentsFY2026
USAspending.govFY2026

Frequently Asked Questions

Key economic and demographic figures for Utah, from federal data sources.

What is the population of Utah?

3,392,331 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Utah?

$95,166 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Utah?

3.3% (2024 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Utah?

$299.5B (BEA CAGDP2 (Regional)).