Health Indicator Report of Utah Population Characteristics: Income per Capita
It is commonly known that per capita income is correlated with the level of healthcare spending and is a major factor in a community's standard of living. Per capita income measures both the overall economic health of the community and the financial resources of each household. At a time of burgeoning health costs, people's ability to meet out-of-pocket medical or dental expenses is of increasing national interest.
Income per Capita by County, Utah, 2018-2022 Combined 5-year Estimates
Income per Capita by County, Utah, 2018-2022 Combined 5-year Estimates
Notes
Values are inflation-adjusted to report year. Upper and lower limits are calculated to 90% confidence intervals. [[br]] 2018-2022 American Community Survey 5-Year Estimates Table DP03Data Source
American Community SurveyDefinition
Per capita income, also known as income per person, is the mean income of the people in a region such as a state, county, or city. It is calculated by taking all sources of income in the aggregate and dividing it by the total population (every man, woman, and child in a particular group including those living in group quarters).Numerator
Aggregate income.Denominator
Total population count (every man, woman, and child in a particular group including those living in group quarters).How Do We Compare With the U.S.?
Due to large household sizes in Utah, per capita income is slightly lower than the national average. The median household income in Utah is slightly higher than the national average.
Page Content Updated On 01/04/2024,
Published on 01/08/2024