Income & Economy in Hyde Park, UT

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$108,068

+48% vs national

Per Capita Income

$43,282

+16% vs national

Poverty Rate

6.2%

-55% vs national

Gini Index

0.4647

0 = perfect equality

Unemployment

3.8%

-27% vs national

SNAP Recipients

1.0%

of households

How Hyde Park Compares

Source: Census ACS (2023)

Hyde Park vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Hyde Park is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Hyde Park. The median household income here is $108,068.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
9.6%
$25-50K
5.1%
$50-75K
16.2%
$75-100K
15.7%
$100-150K
26.8%
$150-200K
10.7%
$200K+
16.0%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

3.8%

+8% vs UT avg

Labor Force

2,451

Employed

2,358

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

30.9%

of adults 25+

High School Diploma+

41.6%

of adults 25+

Median Age

30.9

Work from Home

14.8%

of workers

The median household income in Hyde Park, UT is $108,068, which is 47.6% above the national average of $73,224. Per capita income is $43,282. The poverty rate of 6.2% is lower than the UT state average of 9.0%. The Gini index of income inequality is 0.4647, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.8%, compared to the state average of 3.5%. 30.9% of adults hold a bachelor's degree or higher.