Do you want to know where the wealthiest call home in the Beehive State? These cities in Utah have the most wealth.
If you think that the richest places in Utah are centered around Salt Lake City, then you’re right. All of these places are within an hour’s drive of Utah’s capital city. Centerville is the closest place on the list to Salt Lake City. While 40% of this list consists of Ogden suburbs like Hooper. Three of these cities are just south of West Jordan.
With such a tight geographical spread, it’s easy to see the concentration of wealth in Utah.
How much money must a person earn to break into one of these super-wealthy locales? The average income for cities on this list is shy of $100,000/year, so you’d better get a high-paying job. The high-paying jobs in Utah are all scientific, so if you’re an avionics technician, hydrologist, or atmospheric scientist, you should have no problem fitting in with Utah’s high society.
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Richest Places In Utah For 2024
What’s the wealthiest city in Utah? The wealthiest city in Utah is Highland.
40% of the cities on this list overlap with our list of best places to live in Utah. It makes sense that the wealthiest folks would want to live in the best places.
Want to learn more about where Utah’s affluent go to make money for courtside Jazz tickets, five-star Navajo tacos, and the finest lodges at ski resorts? Read on.
Rich people not your cup of tea? Feel free to check out some more reading about Utah:
The 10 Richest Cities In Utah For 2024
1. Highland
/10
Population: 19,267
Median Income: $166,429
Median Home Values: $877,307
More on Highland: Data | Cost Of Living | Real Estate
2. Alpine
/10
Population: 10,260
Median Income: $161,602
Median Home Values: $974,238
More on Alpine: Data | Cost Of Living | Real Estate
3. Park City
/10
Population: 8,379
Median Income: $132,315
Median Home Values: $1,467,601
More on Park City: Data | Crime | Cost Of Living | Real Estate
4. Midway
/10
Population: 6,019
Median Income: $130,648
Median Home Values: $869,808
More on Midway: Data | Cost Of Living | Real Estate
5. Draper
/10
Population: 50,635
Median Income: $126,041
Median Home Values: $740,373
More on Draper: Data | Crime | Cost Of Living | Real Estate
6. Mapleton
/10
Population: 11,756
Median Income: $123,534
Median Home Values: $683,277
More on Mapleton: Data | Crime | Cost Of Living | Real Estate
7. Cedar Hills
/10
Population: 9,977
Median Income: $130,847
Median Home Values: $625,536
More on Cedar Hills: Data | Cost Of Living | Real Estate
8. Elk Ridge
/10
Population: 4,658
Median Income: $126,131
Median Home Values: $649,615
More on Elk Ridge: Data | Real Estate
9. Fruit Heights
/10
Population: 6,018
Median Income: $117,123
Median Home Values: $671,857
More on Fruit Heights: Data | Cost Of Living | Real Estate
10. South Jordan
/10
Population: 78,118
Median Income: $119,822
Median Home Values: $631,787
More on South Jordan: Data | Crime | Cost Of Living | Real Estate
Methodology: How We Determined The Richest Places In Utah For 2024
The first thing that comes to most people’s minds when they think about determining the richest places is simply identifying personal incomes. After all, rich people have really high salaries.
However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places.” So we looked at this set of criteria from the newly released 2018-2022 American Community Survey and applied Saturday Night Science:
- Median Home Values
- Median Household Income
Median household income is the most digestible way to understand how rich a place is. And home values are a measure of wealth. The two combine to define a “Rich City.”
After we collected the data for all 101 places with more than 3,000 people in Utah, we ranked each place from 1 to 101 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a “Rich Score,” with the place having the lowest overall Rich Score, Highland, crowned the “Richest City In Utah For 2024.”
The data has been updated for 2024. This is our tenth time ranking the wealthiest cities in Utah.
You can skip to the end to see the rankings for all 101 places.
Summary: The Wealthiest Places In Utah For 2024
Like we said earlier, when we set out to identify the richest places in Utah, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Utah.
The richest cities in Utah are Highland, Alpine, Park City, Midway, Draper, Mapleton, Cedar Hills, Elk Ridge, Fruit Heights, and South Jordan.
When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you’re curious enough, here are the poorest cities in Utah, according to data:
Poorest: Price
2nd Poorest: Manti
3rd Poorest: Vernal
For more Utah reading, check out:
Detailed List Of The Richest Cities In Utah
Rank | City | RichScore | Median Income | Average Home Price |
---|---|---|---|---|
1 | Highland | 2.0 | $166,429 | $877,307 |
2 | Alpine | 2.0 | $161,602 | $974,238 |
3 | Park City | 2.0 | $132,315 | $1,467,601 |
4 | Midway | 5.0 | $130,648 | $869,808 |
5 | Draper | 6.5 | $126,041 | $740,373 |
6 | Mapleton | 9.0 | $123,534 | $683,277 |
7 | Cedar Hills | 9.5 | $130,847 | $625,536 |
8 | Elk Ridge | 9.5 | $126,131 | $649,615 |
9 | Fruit Heights | 13.5 | $117,123 | $671,857 |
10 | South Jordan | 14.0 | $119,822 | $631,787 |
11 | Pleasant View | 14.5 | $121,086 | $617,557 |
12 | Kaysville | 14.5 | $121,867 | $612,119 |
13 | Cottonwood Heights | 16.5 | $110,197 | $689,403 |
14 | Farmington | 17.5 | $115,278 | $629,364 |
15 | South Weber | 17.5 | $130,769 | $567,755 |
16 | Holladay | 17.5 | $106,099 | $738,414 |
17 | Morgan | 18.0 | $112,232 | $651,385 |
18 | Bluffdale | 19.0 | $119,009 | $594,901 |
19 | Riverton | 20.5 | $115,869 | $595,710 |
20 | Plain City | 20.5 | $120,250 | $574,612 |
21 | Syracuse | 21.0 | $125,602 | $553,580 |
22 | West Bountiful | 21.0 | $123,379 | $557,642 |
23 | Lehi | 22.5 | $117,243 | $571,784 |
24 | Lindon | 23.0 | $101,188 | $667,420 |
25 | Sandy | 23.0 | $108,165 | $611,302 |
26 | Herriman | 23.5 | $115,198 | $581,187 |
27 | Saratoga Springs | 24.0 | $117,005 | $568,121 |
28 | Farr West | 25.0 | $108,862 | $593,451 |
29 | Hooper | 25.0 | $103,661 | $598,358 |
30 | Centerville | 29.5 | $113,697 | $547,704 |
31 | Heber | 29.5 | $98,934 | $604,874 |
32 | Salem | 30.5 | $101,700 | $578,428 |
33 | West Point | 35.5 | $114,801 | $515,823 |
34 | Wellsville | 37.5 | $102,581 | $529,988 |
35 | North Salt Lake | 39.5 | $94,365 | $551,467 |
36 | Washington | 40.0 | $94,655 | $546,786 |
37 | Bountiful | 41.0 | $96,060 | $535,803 |
38 | West Jordan | 41.5 | $99,002 | $525,155 |
39 | Eagle Mountain | 42.0 | $100,837 | $518,567 |
40 | Vineyard | 42.5 | $94,018 | $538,594 |
41 | West Haven | 44.0 | $92,425 | $541,856 |
42 | Woods Cross | 44.5 | $101,742 | $501,407 |
43 | North Ogden | 44.5 | $101,766 | $495,123 |
44 | Hyde Park | 45.0 | $93,306 | $535,069 |
45 | Perry | 46.0 | $97,259 | $505,366 |
46 | Santa Clara | 46.5 | $91,625 | $533,956 |
47 | Clinton | 48.0 | $102,712 | $471,171 |
48 | Pleasant Grove | 49.0 | $91,322 | $519,347 |
49 | Providence | 49.5 | $98,454 | $493,068 |
50 | Nibley | 49.5 | $100,108 | $484,518 |
51 | Grantsville | 50.0 | $94,260 | $501,504 |
52 | Layton | 50.5 | $93,453 | $502,176 |
53 | Spanish Fork | 50.5 | $93,989 | $501,782 |
54 | American Fork | 52.0 | $90,490 | $514,944 |
55 | Ivins | 53.0 | $67,354 | $581,574 |
56 | Murray | 54.5 | $81,693 | $519,317 |
57 | Salt Lake City | 58.0 | $72,357 | $532,894 |
58 | Santaquin | 58.0 | $91,301 | $483,728 |
59 | Springville | 60.5 | $84,699 | $482,657 |
60 | North Logan | 62.0 | $80,597 | $494,144 |
61 | Smithfield | 62.5 | $87,175 | $454,486 |
62 | Taylorsville | 64.0 | $81,417 | $473,731 |
63 | Orem | 64.5 | $77,568 | $484,882 |
64 | Moab | 65.5 | $52,385 | $553,694 |
65 | St. George | 65.5 | $69,333 | $502,643 |
66 | West Valley City | 65.5 | $81,719 | $451,255 |
67 | Harrisville | 66.5 | $82,232 | $436,056 |
68 | Payson | 67.5 | $81,387 | $450,962 |
69 | Roy | 68.0 | $83,959 | $425,210 |
70 | Tooele | 68.0 | $84,225 | $424,381 |
71 | Nephi | 68.5 | $89,026 | $416,654 |
72 | Midvale | 70.5 | $70,742 | $470,067 |
73 | Riverdale | 71.5 | $73,642 | $447,847 |
74 | Enoch | 72.0 | $74,438 | $431,273 |
75 | South Ogden | 73.0 | $80,762 | $419,515 |
76 | Hurricane | 73.5 | $64,182 | $486,730 |
77 | Hyrum | 74.5 | $75,951 | $421,932 |
78 | Ephraim | 75.5 | $70,677 | $427,176 |
79 | Kanab | 79.5 | $70,737 | $409,098 |
80 | Washington Terrace | 80.0 | $72,558 | $387,788 |
81 | Beaver | 80.5 | $80,313 | $326,903 |
82 | Provo | 80.5 | $57,943 | $459,320 |
83 | Clearfield | 80.5 | $69,889 | $412,470 |
84 | Tremonton | 84.0 | $67,335 | $393,053 |
85 | South Salt Lake | 85.0 | $57,125 | $426,533 |
86 | Richfield | 86.0 | $70,477 | $313,784 |
87 | Ogden | 87.0 | $66,226 | $374,519 |
88 | La Verkin | 87.0 | $56,392 | $423,660 |
89 | Brigham City | 87.5 | $63,315 | $393,047 |
90 | Cedar City | 88.0 | $60,778 | $400,981 |
91 | Sunset | 88.5 | $64,604 | $370,865 |
92 | Delta | 90.0 | $68,110 | $294,980 |
93 | Roosevelt | 90.0 | $66,552 | $307,294 |
94 | Mount Pleasant | 91.5 | $61,441 | $347,308 |
95 | Gunnison | 92.0 | $64,514 | $300,123 |
96 | Blanding | 92.5 | $61,833 | $309,617 |
97 | Logan | 93.0 | $52,473 | $383,131 |
98 | Parowan | 95.0 | $47,974 | $372,899 |
99 | Vernal | 97.0 | $58,869 | $265,391 |
100 | Manti | 97.5 | $53,750 | $296,247 |