Utah - Income

According to the Bureau of Economic Analysis, in 2001, Utah had a per capita personal income (PCPI) of $24,033 which ranked 47th in the United States (including the District of Columbia) and was 79% of the national average, $30,413. The 2001 PCPI reflected an increase of 2.7% from 2000 compared to the national change of 2.2%. In 2001, Utah had a total personal income (TPI) of $54,763,859,000 which ranked 35th in the United States and accounted for 0.6% of the national total. The 2001 TPI reflected an increase of 4.3% from 2000 compared to the national change of 3.3%.

Earnings of persons employed in Utah increased from $40,700,989,000 in 2000 to $42,234,478,000 in 2001, an increase of 3.8%. The largest industries in 2001 were services, 28.4% of earnings; state and local government, 12.8%; and retail trade, 9.7%. Of the industries that accounted for at least 5% of earnings in 2001, the slowest growing from 2000 to 2001 was durable goods manufacturing (8.6% of earnings in 2001), which decreased 1.8%; the fastest was state and local government, which increased 6.9%.

According to data released by the US Census Bureau, in 2000, the median household income was $45,230 compared to the national average of $42,148. In 2001, the median income for a family of four was $59,035 compared to the national average of $63,278. For the period 1999 to 2001, the average poverty rate was 8.0% which placed it 9th among the 50 states and the District of Columbia ranked lowest to highest.