Income & Economy in Magna metro township, UT

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

Income Overview

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

Median Household Income

$87,516

+20% vs national

Per Capita Income

$29,637

-20% vs national

Poverty Rate

8.6%

-37% vs national

Gini Index

0.3276

0 = perfect equality

Unemployment

5.0%

-3% vs national

SNAP Recipients

10.3%

of households

How Magna metro township Compares

Source: Census ACS (2023)

Magna metro township vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 25,000 - 50,000 residents. Magna metro township 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 Magna metro township. The median household income here is $87,516.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
5.9%
$25-50K
16.8%
$50-75K
16.7%
$75-100K
19.6%
$100-150K
26.0%
$150-200K
9.6%
$200K+
5.4%

Employment Snapshot

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

Unemployment Rate

5.0%

+43% vs UT avg

Labor Force

15,626

Employed

14,826

Mean Commute

22 min

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+

8.6%

of adults 25+

High School Diploma+

34.3%

of adults 25+

Median Age

32.5

Work from Home

10.2%

of workers

The median household income in Magna metro township, UT is $87,516, which is 19.5% above the national average of $73,224. Per capita income is $29,637. The poverty rate of 8.6% is lower than the UT state average of 9.0%. The Gini index of income inequality is 0.3276, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.0%, compared to the state average of 3.5%. 8.6% of adults hold a bachelor's degree or higher. The average commute time is 22 minutes, with 10.2% working from home.