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What income is considered upper class in Utah?

What income is considered upper class in Utah?

Upper Class Salary in Utah

Annual Salary Monthly Pay
Top Earners $73,977 $6,164
75th Percentile $60,569 $5,047
Average $47,086 $3,923
25th Percentile $35,139 $2,928

What is considered a good income in Utah?

Here’s all that in context for those living in Utah. A family of four living in Salt Lake County would need more than $81,000 per year, which breaks down to nearly $6,800 per month. In Utah County, that number drops to $76,553 annually, or $6,379 per month.

What is Utah’s wealthy?

Highland City
According to the report, the wealthiest city in Utah is Highland City. Here are some Highland City statistics: Median household income: $139,453 (103\% more than U.S. median income) Households earning over $200,000: 1,030 (23.4\% of households)

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How many people make over 100k in Utah?

Among those in the middle, the Census Bureau estimates that 20.5 percent of Utah households earn $50,000 to $74,999; 17.9 percent earn $100,000 to 149,999; 14.9 percent earn $75,000 to $99,999; and 12.4 percent earn $35,000 to $49,999.

What is the average yearly income in Utah?

$75,780
Median Household Income Households in Utah have a median annual income of $75,780, which is more than the median annual income of $65,712 across the entire United States.

What percentage of people make over $100000?

Percentage distribution of household income in the U.S. in 2020

Annual household income in U.S. dollars Percentage of U.S. households
75,000 to 99,999 12.2\%
100,000 to 149,999 15.3\%
150,000 to 199,999 8\%
200,000 and over 10.3\%

What is the average income of a middle class?

Lower-income households have incomes lower than two-thirds of the median, and upper-income households have incomes that are more than double the median. In 2018, the national middle-income range was about $48,500 to $145,500 annually for a household of three.

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What is considered middle class level income?

1) person family middle-class income range: $50,117.34 to $149,604 2) person family middle-class income range: $54,870.99 to $163,794 3) person family middle-class income range: $62,647.68 to $187,008

What income level is middle class?

The government has no official definition of what constitutes a middle-class income, but a common measure, established by Pew Research Center), considers a household to be “middle class” if its income resides anywhere between two-thirds and twice the median household income, depending on factors like size of household and local costs of living.

What is the average middle class wage?

According to 2019 numbers run by Rose, the range for a middle-class family of three was an income of $53,413 to $106,827, he says. That same three-person family with an income between $0 and $32,048 per year was considered poor or near-poor. A family earning between $32,048 and $53,413 was considered lower-middle class.

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