Holladay, Utah Income Statistics
Holladay 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.
-
B
Holladay Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Holladay | Utah Avg | US Average |
|---|---|---|---|
| Median Household Income | $115,140 | $95,466 | $80,455 |
| Median Personal Income | $79,053 | $60,264 | $60,758 |
| Average Yearly Income Growth | 5.5% | 5.4% | 4.8% |
| Six-Figure Earners | 23.6% | 13.4% | 13.9% |
| $200k+ Households | 24.3% | 13.9% | 13.2% |
The median household income in Holladay is about 21% higher than in Utah. Income has been growing faster in Holladay (5.5%/yr) than in Utah (5.4%/yr).
About 24% of adults in Holladay 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 Holladay, Utah grew by 80.8% from 2009 to 2024, reaching $115,140 in 2024. That's an average of about 5.5% per year.
Income Inequality and the Gender Pay Gap in Holladay
| Metric | Holladay | Utah Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.532 | 0.551 | 0.552 |
| Male Median Income | $100,443 | $72,887 | $69,667 |
| Female Median Income | $72,015 | $53,079 | $56,850 |
| Gender Pay Gap | 28.3% | 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 Holladay, it is 0.532, 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 39% more than women's income in Holladay, Utah. Over a 35-year career, a 39% wage gap accumulates to roughly $994,980 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Holladay, Utah has narrowed from about 33% to 28% in 2024. Over that period the gap was widest at 43% in 2019, and was narrowest at 26% in 2012. In dollar terms, the gap has widened by $9,266 since 2009.
Employment
| Metric | Holladay | Utah Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.2% | 3.5% | 5.2% |
| Working from Home | 24.4% | 17.6% | 15.0% |
| Commute time (minutes) | 20 | 18 | 22 |
Approximately 521 people are unemployed in Holladay, Utah.
The average commute time in Holladay is 20 minutes, longer than the 18 minutes in Utah.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Holladay, Utah has fallen from 4.2% to 3.2% in 2024. Over that period the rate peaked at 5.0% in 2013 and fell as low as 1.7% in 2018.
Holladay, UT Wealth Compared With Nearby Cities
Holladay, UT is typical in size for this group, 31,175 residents against a local median of 34,643, so the measures below are close to a like for like comparison. Where Holladay, UT breaks from the cities next to it is median household income, sitting 32% above the local median of $87,531 at $115,140. That is the better end of the local range on this measure.
The cities themselves spread $50,272 on median household income, so Holladay, UT sits at one end of an already wide local range rather than apart from it. Holladay, UT has the 2nd highest median household income of the 6 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Holladay, UT | 31,175 | $115,140 #2/6 | 5.5%/yr #4/6 | 3.2% #2/6 | 0.532 #6/6 |
| Millcreek, UT | 54,009 | $95,522 | 6.7%/yr | 3.7% | 0.516 |
| Cottonwood Heights, UT | 32,277 | $120,360 | 5.0%/yr | 3.2% | 0.512 |
| Murray, UT | 50,269 | $87,531 | 5.8%/yr | 4.0% | 0.500 |
| Midvale, UT | 34,643 | $74,747 | 4.3%/yr | 3.0% | 0.510 |
| South Salt Lake, UT | 27,794 | $70,087 | 8.0%/yr | 4.8% | 0.512 |
Conclusion
Considering all these factors, Holladay, 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 Holladay, Utah.
How Rich Is Holladay, Utah?
Holladay 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 $115,140, about 21% higher than the Utah average of $95,466.
How has median household income changed in Holladay, Utah?
Between 2009 and 2024, the median household income in Holladay, Utah rose 81%, from $63,682 to $115,140. Over the same years, income here outpaced Utah as a whole: +81% against +71%.
What was the median household income in Holladay in 2023?
In 2023, the median household income in Holladay, Utah was $110,388, up 5% from $104,756 in 2022. The Utah median that year was $92,352.
What was the median household income in Holladay in 2020?
In 2020, the median household income in Holladay, Utah was $89,767. By 2024 it had risen 28% to $115,140.
Do many residents of Holladay, Utah earn over $100,000?
Yes. 24% of adults in Holladay, Utah earn $100,000 or more a year (about 1 in 4), against 13% (about 1 in 7) in Utah. 24% of households have a combined income of $200,000 or more, compared with 14% in Utah.
What is the Gini coefficient in Holladay, Utah?
The Gini coefficient in Holladay is 0.532. 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 Holladay, Utah?
Since 2009, the income gap between men and women in Holladay, Utah has narrowed from about 33% to 28% in 2024. Over that period the gap was widest at 43% in 2019, and was narrowest at 26% in 2012. In dollar terms, the gap has widened by $9,266 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →