Draper, Utah Income Statistics

Draper 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.

  • A
    Draper Above average

Source: Map AI Methodology

Income Statistics Overview

See income data visualized

Metric Draper Utah Avg US Average
Median Household Income $128,472 $95,466 $80,455
Median Personal Income $83,752 $60,264 $60,758
Average Yearly Income Growth 2.8% 5.4% 4.8%
Six-Figure Earners 22.8% 13.4% 13.9%
$200k+ Households 27.7% 13.9% 13.2%

The median household income in Draper is about 35% higher than in Utah. Income has been growing slower in Draper (2.8%/yr) than in Utah (5.4%/yr).

About 23% of adults in Draper 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

Draper
United States

Median household income in Draper, Utah grew by 53.8% from 2009 to 2024, reaching $128,472 in 2024. That's an average of about 2.8% per year.

Year Draper United States

Income Inequality and the Gender Pay Gap in Draper

Metric Draper Utah Avg US Average
Gini Coefficient 0.561 0.551 0.552
Male Median Income $102,624 $72,887 $69,667
Female Median Income $62,664 $53,079 $56,850
Gender Pay Gap 38.9% 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 Draper, it is 0.561, higher than Utah's 0.551, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.

Men's income is about 64% more than women's income in Draper, Utah. Over a 35-year career, a 64% wage gap accumulates to roughly $1,398,600 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Draper, Utah has narrowed from about 41% to 39% in 2024. Over that period the gap was widest at 48% in 2011, and was narrowest at 36% in 2015. In dollar terms, the gap has widened by $12,388 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Draper Utah Avg US Average
Unemployment Rate 2.5% 3.5% 5.2%
Working from Home 24.0% 17.6% 15.0%
Commute time (minutes) 22 18 22

Approximately 646 people are unemployed in Draper, Utah.

The average commute time in Draper is 22 minutes, longer than the 18 minutes in Utah.

Unemployment Rate Over Time

Draper
United States

Since 2011, the unemployment rate in Draper, Utah has fallen from 5.2% to 2.5% in 2024. Over that period the rate fell as low as 2.0% in 2021.

Year Draper United States

Draper, UT Wealth Compared With Nearby Cities

How Draper, UT compares with the 2 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.
Draper, UT 50,876 $128,472 #2/3 2.8%/yr #3/3 2.5% #1/3 0.561 #2/3
Sandy, UT 91,417 $108,858 3.9%/yr 3.1% 0.527
Lehi, UT 80,979 $133,884 6.4%/yr 4.0% 0.567

Conclusion

Considering all these factors, Draper, Utah has an overall wealth index grade of A, making it somewhat better than Utah, and notably better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Draper, Utah.

How Rich Is Draper, Utah?

Draper has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $128,472, about 35% higher than the Utah average of $95,466.

Are incomes growing in Draper, Utah?

Between 2009 and 2024, the median household income in Draper, Utah rose 54%, from $83,519 to $128,472. Over the same years, income here lagged behind Utah as a whole: +54% against +71%.

What was the median household income in Draper in 2023?

In 2023, the median household income in Draper, Utah was $127,510, up 2% from $124,467 in 2022. The Utah median that year was $92,352.

What was the median household income in Draper in 2020?

In 2020, the median household income in Draper, Utah was $112,977. By 2024 it had risen 14% to $128,472.

Is Draper, Utah a high-income area?

Yes. 23% of adults in Draper, Utah earn $100,000 or more a year (about 1 in 4), against 13% (about 1 in 7) in Utah. 28% of households have a combined income of $200,000 or more, compared with 14% in Utah.

Is unemployment high in Draper, Utah?

Unemployment in Draper, Utah is only 2.5%, well below the Utah rate of 3.5%, a sign of a tight labor market where employers compete for workers.

What is the Gini coefficient in Draper, Utah?

The Gini coefficient in Draper is 0.561. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.

How has the income gap between men and women changed in Draper, Utah?

Since 2009, the income gap between men and women in Draper, Utah has narrowed from about 41% to 39% in 2024. Over that period the gap was widest at 48% in 2011, and was narrowest at 36% in 2015. In dollar terms, the gap has widened by $12,388 since 2009.

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