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What is the average income in Utah?

average income Utah
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What is the average income in Utah?

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The full-year resident part of table 3 shows that the mean adjusted gross income was $48,034 in 2004, but the median, or middle income, was considerably less at $30,502. If you are interested in a typical resident, it may be better to use the median, because very large or atypical amounts will not distort the picture. We must caution you about several special features of tax data that cause it to be different for other data sources. The figures above are on a per return basis, and are not on a per capita or per household basis. (We do have a partial attempt to present less detailed statistics on a family basis but the calculation has serious shortcomings.) There are also many other differences in concept from other sources and we will only highlight a couple. One major difference is that tax data will include capital gains, which have been very significant recently, are skewed towards higher income taxpayers, and are erratic from year to year. We do not know of any other popular source

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