Everything You Need to Know About the City of Salt Lake City Utah
In 2017, Salt Lake City, Utah had a population of 194k people with a median age of 31.9 and a median household income of $54,009 dollars. Between 2016 and 2017 the population of Salt Lake City, UT grew from 191,446 to 194,188, a 1.43 percent increase, and its median household income grew from $50,353 dollars to $54,009 dollars, a 7.26 percent increase.
The population of Salt Lake City, UT is 65.9 percent White Alone, 21.3 percent Hispanic or Latino, and 5.26 percent Asian Alone. N/A% of the people in Salt Lake City, UT speak a non-English language, and 88.6 percent are U.S. citizens.
The largest universities in Salt Lake City, UT are University of Utah (8,554 degrees awarded in 2017), Westminster College (230807) (802 degrees), and LDS Business College (609 degrees).
The median property value in Salt Lake City, UT is $266,800 dollars, and the homeownership rate is 48.5 percent. Most people in Salt Lake City, UT commute by Drove Alone, and the average commute time is 18.5 minutes. The average car ownership in Salt Lake City, UT is 2 cars per household.
In 2017, universities in Salt Lake City, UT awarded 10,577 degrees. The student of Salt Lake City, UT is skewed towards men, with 20,219 males and 18,686 females.
Most students graduating from Universities in Salt Lake City, UT are White (7,263 and 75.2 percent), followed by Hispanic or Latino (955 and 9.89 percent), Asian (465 and 4.81 percent), and Unknown (417 and 4.32 percent).
The largest universities in Salt Lake City, UT by the number of degrees awarded are the University of Utah (8,554 and 80.9 percent), Westminster College (230807) (802 and 7.58 percent), and LDS Business College (609 and 5.76 percent).
The most popular majors in Salt Lake City, UT are General Business Administration & Management (744 and 7.03 percent), Registered Nursing (554 and 5.24 percent), and Accounting (430 and 4.07 percent).
The median tuition costs in Salt Lake City, UT is $19,520 dollars for private four-year colleges, and $7,697 dollars and $26,940 dollars respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Salt Lake City, UT employs 106k people and Salt Lake City has an unemployment rate of 2.9 percent. Salt Lake City has seen the job market increase by 1.5 percent over the last year. Future job growth over the next ten years is predicted to be 39.9 percent, which is higher than the US average of 33.5 percent. The largest industries in Salt Lake City, UT are Educational Services (15,282 people), Retail Trade (10,730 people), and Health Care & Social Assistance (13,269 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($71,417 dollars), Utilities ($67,238 dollars), and Agriculture, Forestry, Fishing & Hunting, & Mining ($53,529 dollars).
Households in Salt Lake City, UT have a median annual income of $54,009 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $50,353 dollars in 2016, which represents a 7.26 percent annual growth.
Tax Rates for Salt Lake City
– The Sales Tax Rate for Salt Lake City is 6.9 percent.
– The Income Tax Rate for Salt Lake City is 5.0 percent.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Salt Lake City
– The average earnings of a Salt Lake City resident are $28,428 dollars a year.
– The Median household earnings of a Salt Lake City resident is $45,833 dollars a year.