Richest Neighborhoods In Salt Lake City, UT For 2020


We used science and data to determine which neighborhoods in Salt Lake City are home to the 1%.

Editor’s Note: We updated this article for 2020. This is our fifth time ranking the richest neighborhoods to live in Salt Lake City.
Richest Neighborhoods In Salt Lake City

Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they probably 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 2.64x the national median and household incomes are 2.19x the national median.

But where exactly in Salt Lake City do the richest of the rich people live? That would be East Bench where the median income is a cool $120,545.

Here’s a look at the top 10 richest neighborhoods in Salt Lake City out of 19 for 2020.

What’s the richest neighborhood to live in Salt Lake City for 2020? According to the most recent census data, East Bench looks to be the richest Salt Lake City neighborhood to live in.

Summing up the median income of those 10 neighborhoods adds up to $835,212. 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. Continue on to find where your neighborhood ranks amongst the richest in Salt Lake City. Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from richest to poorest.

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.

For more Utah reading, check out:

How We Determined The Wealthiest Neighborhoods In Salt Lake City For 2020

Every city has it’s 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 really 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 census and extrapolated BLS data, we ranked every neighborhood based on income levels.

We ranked every neighborhood in Salt Lake City by median income from highest to lowest. The neighborhood with the highest median income, East Bench, was named the richest neighborhood in Salt Lake City.

The poorest neighborhood? That would be People’S Freeway.

Now a look at how all the neighborhoods in Salt Lake City ranked.

For more Utah reading, check out:

Detailed List Of The Richest Neighborhoods In Salt Lake City For 2020

Rank Neighborhood Median Household Income<
1 East Bench $120,545
2 Wasatch Hollow $104,977
3 Arcadia Heights $98,922
4 Bonneville Hills $95,823
5 Yalecrest $90,422
6 Greater Avenues $89,754
7 Sugar House $76,035
8 East Central $55,492
9 Capitol Hill $52,027
10 Rose Park $51,215
11 Central City-Liberty Welss $49,139
12 Liberty Wells $47,682
13 Westpointe $46,258
14 Downtown $45,923
15 Fairpark $43,512
16 Glendale $40,190
17 Poplar Grove $39,461
18 Central City $37,548
19 People’s Freeway $28,910

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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