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The well-known iciness lodge the town of Park Town simply ranked a few of the richest towns in Utah.
In a up to date learn about, we analyzed and recognized the richest towns in Colorado. Now, we’re going to proceed our excursion of the Rocky Mountain states and we’re focusing our consideration at the state that noticed the of entirety of the primary transcontinental railroad with the well-known “golden spike” pushed house in 1869 at Promontory Summit — Utah.
We analyzed over 330 towns within the state with the intention to 0 in at the richest towns in Utah. The process during which we evaluated and scored each and every town’s score is detailed under.
Learn on to determine what the richest town in Utah is, plus the highest 50 wealthiest towns within the state total.
What Are the Richest Towns in Utah?
With a purpose to collect this record of the richest towns in Utah, we sourced key monetary information from the Census Bureau’s 2022 American Group Survey. Armed with those datasets, we built a four-factor scoring device to lend a hand establish the wealthiest towns in Utah:
- Median family source of revenue
- Imply (reasonable) family source of revenue
- Median house price
- Median belongings taxes paid
In terms of Census information, there are a couple of quirks to remember: For sure components, the Census numbers have higher limits, so there’s no actual price for sure components. For instance, for median family source of revenue, the Census Bureau has an higher prohibit of “$250,000+”. For median house price, the higher prohibit is “$2,000,000+”. For median belongings taxes paid, the higher prohibit is “$10,000+”. For those causes, the imply family source of revenue (which is equal to reasonable family source of revenue) dataset is an important since the Census Bureau has actual figures for it. All 4 of those metrics had been scored, added up, after which ranked by way of the towns’ mixed rankings.
Under you’ll discover a desk detailing the highest 50 richest towns in Utah and their respective greenback figures for each and every metric:
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