Midvale, Utah Income Statistics

Midvale 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.

  • C
    Midvale Below average

Source: Map AI Methodology

Income Statistics Overview

See income data visualized

Metric Midvale Utah Avg US Average
Median Household Income $74,747 $95,466 $80,455
Median Personal Income $54,977 $60,264 $60,758
Average Yearly Income Growth 4.3% 5.4% 4.8%
Six-Figure Earners 10.9% 13.4% 13.9%
$200k+ Households 7.2% 13.9% 13.2%

The median household income in Midvale is about 22% lower than in Utah. Income has been growing slower in Midvale (4.3%/yr) than in Utah (5.4%/yr).

About 11% of adults in Midvale earn six figures ($100,000 or more) a year, lower than the Utah average of 13%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Midvale
United States

Median household income in Midvale, Utah grew by 70.1% from 2009 to 2024, reaching $74,747 in 2024. That's an average of about 4.3% per year.

Year Midvale United States

Income Inequality and the Gender Pay Gap in Midvale

Metric Midvale Utah Avg US Average
Gini Coefficient 0.510 0.551 0.552
Male Median Income $60,774 $72,887 $69,667
Female Median Income $57,777 $53,079 $56,850
Gender Pay Gap 4.9% 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 Midvale, it is 0.510, 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 5% more than women's income in Midvale, Utah. Over a 35-year career, a 5% wage gap accumulates to roughly $104,895 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 Midvale, Utah has narrowed from about 12% to 5% in 2024. Over that period the gap was widest at 24% in 2016, and was narrowest at 3% in 2021. In dollar terms, the gap has narrowed by $1,280 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Midvale Utah Avg US Average
Unemployment Rate 3.0% 3.5% 5.2%
Working from Home 16.4% 17.6% 15.0%
Commute time (minutes) 20 18 22

Approximately 632 people are unemployed in Midvale, Utah.

The average commute time in Midvale is 20 minutes, longer than the 18 minutes in Utah.

Unemployment Rate Over Time

Midvale
United States

Since 2011, the unemployment rate in Midvale, Utah has fallen from 7.7% to 3.0% in 2024. Over that period the rate peaked at 8.2% in 2012 and fell as low as 2.7% in 2022.

Year Midvale United States

Midvale, UT Wealth Compared With Nearby Cities

Midvale, UT is the 4th largest of the 5 cities compared here, 34,643 residents against a local median of 55,884. The measure that sets Midvale, UT apart most is median household income: $74,747, 24% below the local median of $98,243. That is the weaker end of the local range on this measure.

Unemployment tells the same story from another angle: 3.0% against a local median of 3.6%, 17% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while median household income runs behind it, so Midvale, UT is trading one against the other rather than simply out-performing what surrounds it. The cities themselves spread $32,829 on median household income, so Midvale, UT sits at one end of an already wide local range rather than apart from it. Midvale, UT has the 5th highest median household income of the 5 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.
Midvale, UT 34,643 $74,747 #5/5 4.3%/yr #4/5 3.0% #1/5 0.510 #3/5
Murray, UT 50,269 $87,531 5.8%/yr 4.0% 0.500
Sandy, UT 91,417 $108,858 3.9%/yr 3.1% 0.527
Taylorsville, UT 61,499 $87,628 5.2%/yr 4.3% 0.499
Cottonwood Heights, UT 32,277 $120,360 5.0%/yr 3.2% 0.512

Conclusion

Considering all these factors, Midvale, 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 Midvale, Utah.

How Rich Is Midvale, Utah?

Midvale 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 $74,747, about 22% lower than the Utah average of $95,466.

How has median household income changed in Midvale, Utah?

Between 2009 and 2024, the median household income in Midvale, Utah rose 70%, from $43,943 to $74,747. Over the same years, income here kept pace with Utah as a whole: +70% against +71%.

What was the median household income in Midvale in 2023?

In 2023, the median household income in Midvale, Utah was $71,048, up 1% from $70,069 in 2022. The Utah median that year was $92,352.

What was the median household income in Midvale in 2020?

In 2020, the median household income in Midvale, Utah was $62,404. By 2024 it had risen 20% to $74,747.

What is the Gini coefficient in Midvale, Utah?

The Gini coefficient in Midvale is 0.510. 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 Midvale, Utah?

Since 2009, the income gap between men and women in Midvale, Utah has narrowed from about 12% to 5% in 2024. Over that period the gap was widest at 24% in 2016, and was narrowest at 3% in 2021. In dollar terms, the gap has narrowed by $1,280 since 2009.

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