Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they aren’t made of ticky-tacky, they are definitely made of money.
These are the wealthiest neighborhoods that Salt Lake City has to offer. Where houses go for over 3.47x the national median and household incomes are 2.32x the national median.
But where exactly in Salt Lake City do the richest of the rich people live? That would be Yalecrest where the median income is a cool $127,629.
Here’s a look at the top 10 wealthiest neighborhoods in Salt Lake City out of 19 for 2024.
The Richest Neighborhoods In Salt Lake City For 2024
What’s the richest neighborhood to live in Salt Lake City for 2024? According to the most recent census data, Yalecrest looks to be the richest Salt Lake City neighborhood to live in.
Summing up the median income of those 10 neighborhoods adds up to $957,995. And that, my friend, is more 0s than most of us will see in our bank account for a long, long time — if we ever get that lucky.
Find where your neighborhood ranks amongst the richest in Salt Lake City.
For more Salt Lake City reading, check out the best neighborhoods in Salt Lake City and the worst neighborhoods in Salt Lake City.
Or, for living around Salt Lake City, out the best Salt Lake City suburbs and the worst Salt Lake City suburbs.
Table Of Contents: Table | Methodology
Richst Neighborhoods In Salt Lake City For 2024 By Median Income
| Rank | Neighborhood | Median Household Income |
|---|---|---|
| 1 | Yalecrest | $127,629 |
| 2 | Wasatch Hollow | $125,469 |
| 3 | Arcadia Heights | $117,200 |
| 4 | East Bench | $113,577 |
| 5 | Greater Avenues | $100,032 |
| 6 | Sugar House | $88,859 |
| 7 | Bonneville Hills | $88,811 |
| 8 | Rose Park | $67,497 |
| 9 | Westpointe | $64,686 |
| 10 | Capitol Hill | $64,235 |
| 11 | East Central | $58,891 |
| 12 | Glendale | $57,690 |
| 13 | Liberty Wells | $56,526 |
| 14 | Downtown | $52,200 |
| 15 | Central City | $49,929 |
| 16 | Central City-Liberty Welss | $49,139 |
| 17 | Poplar Grove | $47,916 |
| 18 | Fairpark | $47,052 |
| 19 | People’s Freeway | $45,552 |
How We Determined The Wealthiest Neighborhoods In Salt Lake City For 2024
Every city has its best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live. And then you have the wealthiest neighborhoods, where no one can afford to live.
And by no one, we mean you because there’s always someone richer than you.
How do you quantify richer than you? We looked at one simple criterion:
Which neighborhoods have the highest median income?
Using Saturday Night Science, we researched income data from the Census and BLS for every neighborhood in Salt Lake City.
We ranked every neighborhood in Salt Lake City by median income from highest to lowest. The neighborhood with the highest median income, Yalecrest, was named the wealthiest neighborhood in Salt Lake City.
The richest neighborhoods in Salt Lake City are Yalecrest, Wasatch Hollow, Arcadia Heights, East Bench, Greater Avenues, Sugar House, Bonneville Hills, Rose Park, Westpointe, and Capitol Hill.
The poorest neighborhood? That would be People’S Freeway.
The poorest neighborhoods in Salt Lake City are People’s Freeway, Fairpark, Poplar Grove, Central City-Liberty Welss, and Central City.
We updated this article for 2024. This is our tenth time ranking the most affluent neighborhoods to live in Salt Lake City.
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