Millcreek, Utah Income Statistics
Millcreek 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
Millcreek Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Millcreek | Utah Avg | US Average |
|---|---|---|---|
| Median Household Income | $95,522 | $95,466 | $80,455 |
| Median Personal Income | $64,473 | $60,264 | $60,758 |
| Average Yearly Income Growth | 6.7% | 5.4% | 4.8% |
| Six-Figure Earners | 18.1% | 13.4% | 13.9% |
| $200k+ Households | 16.4% | 13.9% | 13.2% |
The median household income in Millcreek is about the same as in Utah. Income has been growing faster in Millcreek (6.7%/yr) than in Utah (5.4%/yr).
About 18% of adults in Millcreek 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 Millcreek, Utah grew by 82.3% from 2009 to 2024, reaching $95,522 in 2024. That's an average of about 6.7% per year.
Income Inequality and the Gender Pay Gap in Millcreek
| Metric | Millcreek | Utah Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.516 | 0.551 | 0.552 |
| Male Median Income | $78,111 | $72,887 | $69,667 |
| Female Median Income | $62,886 | $53,079 | $56,850 |
| Gender Pay Gap | 19.5% | 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 Millcreek, it is 0.516, 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 24% more than women's income in Millcreek, Utah. Over a 35-year career, a 24% wage gap accumulates to roughly $532,875 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Millcreek, Utah has narrowed from about 21% to 19% in 2024. Over that period the gap was widest at 27% in 2016, and was narrowest at 17% in 2023. In dollar terms, the gap has widened by $5,525 since 2009.
Employment
| Metric | Millcreek | Utah Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.7% | 3.5% | 5.2% |
| Working from Home | 23.2% | 17.6% | 15.0% |
| Commute time (minutes) | 18 | 18 | 22 |
Approximately 1,153 people are unemployed in Millcreek, Utah.
The average commute time in Millcreek is 18 minutes, about the same as in Utah.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Millcreek, Utah has fallen from 5.6% to 3.7% in 2024. Over that period the rate fell as low as 3.4% in 2019.
Millcreek, UT Wealth Compared With Nearby Cities
Millcreek, UT is the largest of the 6 cities compared here, 54,009 residents against a local median of 32,277. Where Millcreek, UT breaks from the cities next to it is income growth, sitting 22% above the local median of 5.5%/yr at 6.7%/yr. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 3.7% against a local median of 3.2%, 16% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Millcreek, UT is trading one against the other rather than simply out-performing what surrounds it. The cities themselves spread 3.6%/yr on income growth, so Millcreek, UT sits at one end of an already wide local range rather than apart from it. Millcreek, UT has the 2nd highest income growth 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. |
|---|---|---|---|---|---|
| Millcreek, UT | 54,009 | $95,522 #3/6 | 6.7%/yr #2/6 | 3.7% #4/6 | 0.516 #5/6 |
| Holladay, UT | 31,175 | $115,140 | 5.5%/yr | 3.2% | 0.532 |
| Murray, UT | 50,269 | $87,531 | 5.8%/yr | 4.0% | 0.500 |
| South Salt Lake, UT | 27,794 | $70,087 | 8.0%/yr | 4.8% | 0.512 |
| Cottonwood Heights, UT | 32,277 | $120,360 | 5.0%/yr | 3.2% | 0.512 |
| Midvale, UT | 34,643 | $74,747 | 4.3%/yr | 3.0% | 0.510 |
Conclusion
Considering all these factors, Millcreek, 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 Millcreek, Utah.
How Rich Is Millcreek, Utah?
Millcreek 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 $95,522, close to the Utah average of $95,466.
Are incomes growing in Millcreek, Utah?
Between 2009 and 2024, the median household income in Millcreek, Utah rose 82%, from $52,388 to $95,522. Over the same years, income here outpaced Utah as a whole: +82% against +71%.
What was the median household income in Millcreek in 2023?
In 2023, the median household income in Millcreek, Utah was $93,531, up 11% from $84,401 in 2022. The Utah median that year was $92,352.
What was the median household income in Millcreek in 2020?
In 2020, the median household income in Millcreek, Utah was $70,989. By 2024 it had risen 35% to $95,522.
Is Millcreek, Utah a high-income area?
Yes. 18% of adults in Millcreek, Utah earn $100,000 or more a year (about 1 in 6), against 13% (about 1 in 7) in Utah. 16% of households have a combined income of $200,000 or more, compared with 14% in Utah.
What is the Gini coefficient in Millcreek, Utah?
The Gini coefficient in Millcreek is 0.516. 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 Millcreek, Utah?
Since 2009, the income gap between men and women in Millcreek, Utah has narrowed from about 21% to 19% in 2024. Over that period the gap was widest at 27% in 2016, and was narrowest at 17% in 2023. In dollar terms, the gap has widened by $5,525 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 →