State economy

Utah economy

Utah's unemployment rate was 3.5% in September 2026, unchanged from the month before and 3.6% a year earlier. That ranks 19 of 51 (1 = lowest); the national rate was 4.1%. Employers had 1.80 million jobs on their payrolls in September 2026, a gain of 26,300 (+1.5%) from a year earlier. Home prices (FHFA index) were +2.6% from a year earlier in Q2 2026. Median household income was $102,900 in 2025.

3.5%
unemployment rate
September 2026
Unemployment rate3.5%Rank 19 of 51 (1 = lowest)
10-year range2.2–10.0%Low Dec 2021 · high Apr 2020
Nonfarm jobs1.80M+1.5% in a year · rank 4
Home prices (FHFA)+2.6%1-year change · Q2 2026 · 5-yr +34%
Median household income$102,9002025 · rank 8 of 51

Utah: unemployment rate

Utah unemployment rateLine chart from Jan 1, 2006 to Sep 1, 2026. Latest 3.5%; high 10.0% on Apr 1, 2020; low 2.2% on Dec 1, 2021.2%4%6%8%10%20082010201220142016201820202022202420263.5%High 10.0%Low 2.2%

Utah: jobs, change from a year earlier

Utah nonfarm jobs, 12-month changeLine chart from Jan 1, 2001 to Sep 1, 2026. Latest +1.5%; high +11.9% on Apr 1, 2021; low -7.8% on Apr 1, 2020.-10%-5%0%5%10%15%20052010201520202025+1.5%High +11.9%Low -7.8%

Utah: home prices, change from a year earlier

Utah FHFA house price index, 12-month changeLine chart from Jan 1, 2001 to Apr 1, 2026. Latest +2.6%; high +28.4% on Jan 1, 2022; low -10.3% on Jan 1, 2010.-20%-10%0%10%20%30%20052010201520202025+2.6%High +28.4%Low -10.3%

Utah: median household income

Utah median household incomeLine chart from Jul 1, 1984 to Jul 1, 2025. Latest $102,900; high $103,400 on Jul 1, 2024; low $23,060 on Jul 1, 1984.$20,000$40,000$60,000$80,000$100,000$120,0001990199520002005201020152020$102,900Low $23,060

Other states

Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).