Bountiful, Utah Income Statistics
Bountiful Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Bountiful Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Bountiful | Utah Avg | US Average |
|---|---|---|---|
| Median Household Income | $100,660 | $95,466 | $80,455 |
| Median Personal Income | $62,465 | $60,264 | $60,758 |
| Average Yearly Income Growth | 5.5% | 5.4% | 4.8% |
| Six-Figure Earners | 16.4% | 13.4% | 13.9% |
| $200k+ Households | 13.2% | 13.9% | 13.2% |
The median household income in Bountiful is about 5% higher than in Utah. Income has been growing faster in Bountiful (5.5%/yr) than in Utah (5.4%/yr).
About 16% of adults in Bountiful earn six figures ($100,000 or more) a year, higher than the Utah average of 13%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Bountiful, Utah grew by 59.7% from 2009 to 2024, reaching $100,660 in 2024. That's an average of about 5.5% per year.
Income Inequality and the Gender Pay Gap in Bountiful
| Metric | Bountiful | Utah Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.542 | 0.551 | 0.552 |
| Male Median Income | $74,075 | $72,887 | $69,667 |
| Female Median Income | $55,559 | $53,079 | $56,850 |
| Gender Pay Gap | 25.0% | 27.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Bountiful, it is 0.542, lower than Utah's 0.551, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 33% more than women's income in Bountiful, Utah. Over a 35-year career, a 33% wage gap accumulates to roughly $648,060 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Bountiful, Utah has narrowed from about 35% to 25% in 2024. Over that period the gap was widest at 40% in 2011, and was narrowest at 20% in 2016. In dollar terms, the gap has narrowed by $1,162 since 2009.
Employment
| Metric | Bountiful | Utah Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.3% | 3.5% | 5.2% |
| Working from Home | 20.7% | 17.6% | 15.0% |
| Commute time (minutes) | 21 | 18 | 22 |
Approximately 681 people are unemployed in Bountiful, Utah.
The average commute time in Bountiful is 21 minutes, longer than the 18 minutes in Utah.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Bountiful, Utah has fallen from 5.5% to 3.3% in 2024. Over that period the rate fell as low as 1.7% in 2019.
Bountiful, UT Wealth Compared With Nearby Cities
How Bountiful, UT compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Bountiful, UT | 40,929 | $100,660 #1/2 | 5.5%/yr #1/2 | 3.3% #1/2 | 0.542 #2/2 |
| Salt Lake City, UT | 213,141 | $75,873 | 5.2%/yr | 4.2% | 0.527 |
Conclusion
Considering all these factors, Bountiful, Utah has an overall wealth index grade of B, making it somewhat better than Utah, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Bountiful, Utah.
How Rich Is Bountiful, Utah?
Bountiful has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $100,660, about 5% higher than the Utah average of $95,466.
How has median household income changed in Bountiful, Utah?
Between 2009 and 2024, the median household income in Bountiful, Utah rose 60%, from $63,046 to $100,660. Over the same years, income here lagged behind Utah as a whole: +60% against +71%.
What was the median household income in Bountiful in 2023?
In 2023, the median household income in Bountiful, Utah was $99,736, up 8% from $92,758 in 2022. The Utah median that year was $92,352.
What was the median household income in Bountiful in 2020?
In 2020, the median household income in Bountiful, Utah was $81,583. By 2024 it had risen 23% to $100,660.
What is the Gini coefficient in Bountiful, Utah?
The Gini coefficient in Bountiful is 0.542. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Bountiful, Utah?
Since 2009, the income gap between men and women in Bountiful, Utah has narrowed from about 35% to 25% in 2024. Over that period the gap was widest at 40% in 2011, and was narrowest at 20% in 2016. In dollar terms, the gap has narrowed by $1,162 since 2009.
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