Springville, Utah Income Statistics
Springville 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.
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C
Springville Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Springville | Utah Avg | US Average |
|---|---|---|---|
| Median Household Income | $88,183 | $95,466 | $80,455 |
| Median Personal Income | $54,855 | $60,264 | $60,758 |
| Average Yearly Income Growth | 5.3% | 5.4% | 4.8% |
| Six-Figure Earners | 10.7% | 13.4% | 13.9% |
| $200k+ Households | 9.5% | 13.9% | 13.2% |
The median household income in Springville is about 8% lower than in Utah. Income has been growing slower in Springville (5.3%/yr) than in Utah (5.4%/yr).
About 11% of adults in Springville 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
Median household income in Springville, Utah grew by 67.0% from 2009 to 2024, reaching $88,183 in 2024. That's an average of about 5.3% per year.
Income Inequality and the Gender Pay Gap in Springville
| Metric | Springville | Utah Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.559 | 0.551 | 0.552 |
| Male Median Income | $69,119 | $72,887 | $69,667 |
| Female Median Income | $43,789 | $53,079 | $56,850 |
| Gender Pay Gap | 36.6% | 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 Springville, it is 0.559, 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 58% more than women's income in Springville, Utah. Over a 35-year career, a 58% wage gap accumulates to roughly $886,550 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Springville, Utah has widened from about 25% to 37% in 2024. Over that period the gap was narrowest at 21% in 2010. In dollar terms, the gap has widened by $14,702 since 2009.
Sharply against the trend: the pay gap in Springville widened by 11.6 points while Utah's narrowed by 3.0 points.
Employment
| Metric | Springville | Utah Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.1% | 3.5% | 5.2% |
| Working from Home | 15.5% | 17.6% | 15.0% |
| Commute time (minutes) | 20 | 18 | 22 |
Approximately 488 people are unemployed in Springville, Utah.
The average commute time in Springville is 20 minutes, longer than the 18 minutes in Utah.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Springville, Utah has fallen from 4.2% to 3.1% in 2024. Over that period the rate peaked at 5.4% in 2014 and fell as low as 2.3% in 2019.
Springville, UT Wealth Compared With Nearby Cities
How Springville, 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. |
|---|---|---|---|---|---|
| Springville, UT | 32,159 | $88,183 #2/3 | 5.3%/yr #3/3 | 3.1% #2/3 | 0.559 #2/3 |
| Spanish Fork, UT | 39,801 | $103,418 | 5.6%/yr | 2.6% | 0.552 |
| Provo, UT | 102,550 | $61,866 | 5.4%/yr | 5.3% | 0.608 |
Conclusion
Considering all these factors, Springville, 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 Springville, Utah.
How Rich Is Springville, Utah?
Springville 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 $88,183, about 8% lower than the Utah average of $95,466.
How has median household income changed in Springville, Utah?
Between 2009 and 2024, the median household income in Springville, Utah rose 67%, from $52,796 to $88,183. Over the same years, income here lagged behind Utah as a whole: +67% against +71%.
What was the median household income in Springville in 2023?
In 2023, the median household income in Springville, Utah was $88,021, up 7% from $82,417 in 2022. The Utah median that year was $92,352.
What was the median household income in Springville in 2020?
In 2020, the median household income in Springville, Utah was $68,425. By 2024 it had risen 29% to $88,183.
What is the Gini coefficient in Springville, Utah?
The Gini coefficient in Springville is 0.559. 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 Springville, Utah?
Since 2009, the income gap between men and women in Springville, Utah has widened from about 25% to 37% in 2024. Over that period the gap was narrowest at 21% in 2010. In dollar terms, the gap has widened by $14,702 since 2009.
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