Wealth Index
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
Income Statistics Overview
| Metric | Juab County | Utah Avg | US Average |
|---|---|---|---|
| Median Household Income | $89,784 | $92,351 | $78,145 |
| Median Personal Income | $60,503 | $62,002 | $61,726 |
| Average income growth | 7.4% | 5.7% | 5.1% |
| Six-Figure Earners | 9.4% | 12.5% | 13.2% |
The median household income in Juab County is about 3% lower than in Utah. Income has been growing faster in Juab County (7.4%/yr) than in Utah (5.7%/yr).
About 9% of adults in Juab County earn six figures ($100,000 or more) a year, lower than the Utah average of 13%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Juab County, Utah grew by 78.1% from 2009 to 2023, reaching $89,784 in 2023. That's an average of about 7.4% per year.
Economic Inequality in Juab County | Gender Pay Gap | Gini Coefficient
| Metric | Juab County | Utah Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.566 | 0.571 | 0.570 |
| Male Median Income | $71,328 | $70,891 | $67,746 |
| Female Median Income | $48,028 | $50,597 | $54,793 |
| Gender Pay Gap | 32.7% | 28.6% | 19.1% |
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 Juab County, it is 0.566, about the same as Utah's 0.571, so income here is about as evenly distributed as there, and about the same as the US's 0.570, so income here is about as evenly distributed as there.
Men's income is about 49% more than women's income in Juab County, Utah. Over a 35-year career, a 49% wage gap accumulates to roughly $815,500 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Juab County, Utah has widened from about 32% to 33% in 2023. In dollar terms, the gap has widened by $9,168 since 2009.
Employment
| Metric | Juab County | Utah Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.3% | 3.4% | 5.2% |
| Working from Home | 11.5% | 16.0% | 13.4% |
| Commute time (minutes) | 15 | 18 | 22 |
Approximately 133 people are unemployed in Juab County, Utah.
The average commute time in Juab County is 15 minutes, shorter than the 18 minutes in Utah.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Juab County, Utah has fallen from 6.3% to 2.3% in 2023.
Conclusion
Considering all these factors, Juab County, Utah has an overall wealth index grade of C, making it about on par with Utah, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Juab County, Utah.
How Rich Is Juab County, Utah?
Juab County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $89,784, about 3% lower than the Utah average of $92,351.
What is the current median household income in Juab County, Utah?
As of 2023, the median household income in Juab County, Utah is $89,784.
What was the median household income in Juab County in 2023?
In 2023, the median household income in Juab County, Utah was $89,784.
What was the median household income in Juab County in 2020?
In 2020, the median household income in Juab County, Utah was $67,699.
What is the Gini coefficient in Juab County, Utah?
The Gini coefficient in Juab County is 0.566. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.570, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Juab County, Utah?
Since 2009, the income gap between men and women in Juab County, Utah has widened from about 32% to 33% in 2023. In dollar terms, the gap has widened by $9,168 since 2009.