Salt Lake City, as the only truly urban environment in the state, offers these benefits in addition to arts and entertainment, restaurants and nightlife, according to Andrew Wittenberg, marketing and research manager for Salt Lake City Economic Development.
What industry is Salt Lake City known for?
The largest industries in Salt Lake City, UT are Educational Services (15,375 people), Health Care & Social Assistance (14,127 people), and Retail Trade (10,702 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($84,881), Agriculture, Forestry, Fishing & Hunting, & Mining ($65,893
What’s the biggest industry in Salt Lake City?
Tourism. Tourism is a major industry in Utah, as it is well known for its year-round outdoor recreational activities..
What major companies are in Salt Lake City?
Top Companies in Salt Lake City
- Zion’s Bancorporation – 10,001+ employees.
- Intermountain Healthcare – 10,001+ employees.
- ServiceNow – 10,001+ employees.
- EPAM Systems – 10,001+ employees.
- SendOutCards – 5,001-10,000 employees.
- Resource Management – 5,001-10,000 employees.
- Overstock – 1,001-5,000 employees.
What industry is in Salt Lake?
The economy of Salt Lake City, Utah is primarily service-oriented.
GDP by industry.
| Industry | GDP value added $ billions 2011 | % of total GDP |
|---|---|---|
| Real Estate and Rental Leasing | 9,130 | 12.78% |
| Government | 7,768 | 10.87% |
| Durable Good Manufacturing | 6,056 | 8.48% |
| Retail Trade | 4,599 | 6.44% |
Who is the largest employer in Utah?
Just who were Utah’s largest employers in 2020? Topping the list are the University of Utah (including the hospital), Intermountain Healthcare, the State of Utah and Wal-Mart, with more than 20,000 workers each. These topmost firms are reflections of other employers on the “largest” list.
How does Salt Lake make money?
“Franchise taxes” are taxes that Salt Lake City charges to telecommunications companies, Rocky Mountain Power, and the like, essentially as a right-of-way fee. Those are worth about $28 million. The other sources of money are smaller and varied. The city makes about $2.7 million by charging people for parking.
What is Utah’s number 1 industry?
This Is the Largest Industry in Utah
| Largest industry | GDP of largest industry, ($, billions) | Employment in largest industry |
|---|---|---|
| South Dakota: Monetary authorities | 8.2 | 53,791 |
| Tennessee: Ambulatory health care services | 18.2 | 155,995 |
| Texas: Oil and gas extraction | 111.6 | 76,049 |
| Utah: Monetary authorities | 11.1 | 4,171 |
What company makes the most money in Utah?
Detailed List Of The 100 Biggest Companies In Utah
| Rank | Company | City |
|---|---|---|
| 1 | Home Credit | Salt Lake City |
| 2 | Autoliv | Ogden |
| 3 | Intermountain Healthcare | Salt Lake City |
| 4 | Nu Skin Enterprises | Provo |
What is Utah’s biggest industry?
Utah’s Top Industries
- Aerospace and Defense- The U.S. Commercial Service is committed to helping your company reach new heights with their up to date market research in a rapidly changing market.
- Health Technology-
- IT-
- Sporting Goods-
- Natural Products-
- Renewable Resources-
- Travel and Tourism-
What Fortune 500 companies are based in Utah?
Five Utah companies make 2021 Fortune 500 list
- Walmart.
- Amazon.com.
- Apple.
- CVS Health.
- UnitedHealth Group.
- Berkshire Hathaway.
- McKesson.
- AmerisourceBergen.
What are good companies to work for in Utah?
Salt Lake Tribune Top Workplaces 2021
- #1 Large Business. BambooHR LLC.
- #2 Large Business. MX.
- #3 Large Business. 1-800 CONTACTS, Inc.
- #4 Large Business. Young Automotive Group.
- #5 Large Business. Fidelity Investments.
- #6 Large Business. Big-D Construction Corp.
- #7 Large Business. O.C. Tanner Company.
- #8 Large Business.
How many tech companies are in Utah?
There are 29 businesses in Utah that are classified as tech companies and report having at least 500 employees, according to a new analysis from the Kem C. Gardner Policy Institute at the University of Utah. That’s an increase from 2018, when 25 tech companies reported having at least 500 jobs.
Is Salt Lake City rich?
Salt Lake City ranked in the lower third of Utah’s medium to large cities, with a median household income of $44,755. Who’s not? By contrast, South Salt Lake had a median household income of $34,750, placing it last among the cities and contributing to its status as a leader in poverty.
Why are there so many companies in Salt Lake City?
Many companies are moving to Salt Lake City because of the high quality of its workforce, particularly in tech—but also in other industries such as banking, professional services, educational services, health care, and retail.
What percent of Salt Lake City is black?
Salt Lake City Demographics
Other race: 11.18% Asian: 5.31% Two or more races: 4.56% Black or African American: 2.56%
Who is the richest person in Utah?
Forbes lists 6 billionaires in Utah.
- #6. Scott Smith. – Net worth: $1.0 billion (#2,475 wealthiest in the world)
- #5. Jared Smith. – Net worth: $1.4 billion (#2,093 wealthiest in the world)
- #4. Ryan Smith.
- #3. Scott Watterson.
- #2. Gail Miller.
- #1. Matthew Prince.
- You may also like: Where people in Utah are moving to most.
What is a good salary in Utah?
Average Salary in Utah. $44,702 is the 25th percentile. Salaries below this are outliers. $67,730 is the 75th percentile.
What is the poorest city in Utah?
Logan
The poorest city in Utah is Logan. The median household income is $41,833 annually, and the mean household income is $55,406. The poorest city that had no minimum household number is White Mesa. The median household income is $13,056 annually, and the mean household income is $17,048.
Who is the richest housewife on Salt Lake City?
Lisa Barlow
Taking top spot is Lisa Barlow. The passionate wife and mother of two boys is also the owner of a hugely successful tequila brand, Vida, as well as a marketing company called Luxe. Lisa’s profitable business ventures have translated into big earnings, with her estimated net worth sitting at a cool US$5 million.
What salary do you need to live comfortably in Salt Lake City?
In the Salt Lake City metro area, a single individual would need to earn $25,400 after taxes to live comfortably.