Income & Economy in Salt Lake City city, UT (84116)
Median Income
$69,604
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,814
Wealth inflow
Population
37,136
Unemployment
5.5%
1.8pp above US avg
IRS migration statistics show a net inflow of about 2,814 for ZIP 84116 (Salt Lake City city, UT) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 84116 (2020–Present)
Since 2020, population grew 7.4%, median income rose 10.9% (inflation-adjusted), home values increased 26.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $69,604 |
| Unemployment | 5.5% |
| Establishments | 793 |
| Employees | 36,792 |