Utah Economic Overview
Key economic indicators for Utah (UT). Population: 3,271,616.
Unemployment Rate
2.9%
Below national avg (~4.2%)
Median Annual Wage
$55,000
Source: Census ACS / BLS
Wage Growth (YoY)
+3.8%
Year-over-year change
Population
3.3M
Source: 2020 Census
About the Utah Economy
Utah has an unemployment rate of 2.9%, which is below the national average. The median annual wage is $55,000, with wages growing at 3.8% year-over-year. With a population of 3,271,616, Utah is the a mid-size state economy in the U.S.