BUSINESS + ECONOMY

Most Utah households are making more money, minority gap exists

Dec 10, 2020, 10:27 AM
money gap...
Recent census data shows that Utah households are bringing in more money, but there are disparities. (Photo: Adobe Stock)
(Photo: Adobe Stock)

SALT LAKE CITY — Most Utah families appear to be bringing in more money for the last few years, although a gap between minorities persists. 

Looking to close the money gap

The latest data comes from the U.S. Census Bureau for 2015 thru 2019, which was just released Wednesday night. It found that in the second half of the decade, yearly median household income in Utah was above $71,000. That accounts for around a 10% increase from the first half of the decade. It’s also well above the national rate, which is nearly $63,000.

Looking into the Utah specific numbers, it shows that in 2019, white household income was just above $75,000. That figure is about 45% more than Black homes and nearly 30% more than Hispanic families.

Not a new issue

As it turns out, the earning gap existed throughout the five years analyzed. Black households in Utah brought in a median household income of just below $42,000. That’s less than Hispanic households ($53,500), Asian families ($73,100), and Pacific Islanders ($66,400.)

Furthermore, Black households appear to be the only group that stagnated from five years earlier, according to Mallory Bateman, a senior research analyst at the Gardner Institute.

“It’s something we’ve been trying to point out and resolve for a long time,” Utah Black Chamber founder James Jackson III told the Deseret News. “It’s more than just providing the jobs. There has to be intentional follow-up and follow through on these things.”

Some other notes from the recently published research:

  • More of Utah’s population is speaking a language other than English at home. That saw an increase from five years earlier, going from 14.6% to 15.4%.
  • Utah continues to retain its longtime status as the youngest state in the nation. They have a median age of 30.8. It also claimed the largest average household size, at 3.12.
  • The Beehive State also maintains one of the smallest poverty rates in the nation, of 9.8%. It’s the fifth lowest in the U.S.

Related content: 

Today’s Top Stories

Business + Economy

Turkey and cattle farms near Moroni, Utah. Three additional cases of avian influenza have been conf...
Mark Jones

Three additional cases of avian influenza confirmed in Sanpete County

The Utah Department of Agriculture and Food announced Friday that three additional cases of avian influenza have been confirmed on turkey farms in Sanpete County.
1 day ago
utah employment...
Alejandro Lucero

Annual Golden Key Awards presented to local businesses

Golden Key Awards recognize the people and businesses who believe in Utahns with disabilities, said a press release. Nine businesses were recognized today.
2 days ago
A group breaks ground on the Best Friends housing project in Kanab....
Britt Johnson

Best Friends Animal Society building housing for employees in Kanab

Best Friends Animal Society houses its headquarters and sanctuary in Kanab, Utah -- along with about half of its employees.
2 days ago
The Vivint Arena in Salt Lake City is pictured on Tuesday, May 24, 2022. (Kristin Murphy, Deseret N...
Lindsay Aerts

Silicon Summit announces statewide expansion

Silicon Summit will announce their plans for expansion. Starting next year, the two-day summit will be held over one week.
2 days ago
kia markups...
Peter Valdes-Dapena, CNN Business

Kia, once the ‘value’ brand, now has the biggest price markups

On average, Kia cars and SUVs are selling for about 6% over their sticker price, according to data from Edmunds.com.
3 days ago
intermountain healthcare...
Mark Jones

Name change coming to Intermountain Healthcare next year

In 2023, Intermountain Healthcare will change its name to Intermountain Health.
4 days ago

Sponsored Articles

Young woman receiving laser treatment...
Form Derm Spa

How facial plastic surgery and skincare are joining forces

Facial plastic surgery is not only about looking good but about feeling good too. The medical team at Form Spa are trained to help you reach your aesthetic outcomes through surgery and through skincare and dermatology, too.
large group of friends tohether in a park having fun...
BYU MBA at the Marriott School of Business

What differentiates BYU’s MBA program from other MBA programs

Commitment to service is at the heart of BYU’s MBA program, which makes it stand out among other MBA programs across the country.
a worker with a drill in an orange helmet installs a door in the house...
Price's Guaranteed Doors

Home improvement tip: Increase the value of your home by weatherproofing doors

Make sure your home is comfortable before the winter! Seasonal maintenance keeps your home up to date. Read our tips on weatherproofing doors.
Curb Appeal...
Price's Guaranteed Doors

How to have the best of both worlds for your house | Home security and curb appeal

Protect your home and improve its curb appeal with the latest security solutions like beautiful garage doors and increased security systems.
A paper reading IRS, internal revenue service is pictured...
Jordan Wilcox

The best strategies for dealing with IRS tax harassment | You have options!

Learn how to deal with IRS tax harassment. This guide will teach you how to stop IRS phone calls and letters, and how to handle an IRS audit.
spend a day at Bear Lake...
Bear Lake Convention and Visitors Bureau

You’ll love spending the day at Bear Lake | How to spend a day at Bear Lake

Bear Lake is a place that needs to be experienced. Spend a day at Bear Lake.
Most Utah households are making more money, minority gap exists