Utah tech growth could change who counts as rich

Written By Matthew Lusty

Your family needs to make more than $630,000 to be among the top 1% of earners in Utah, according to a recent analysis of IRS data.

Driving the news: The research, by SmartAsset, shows Utah has the nation's 15th highest income threshold to be part of the top 1% of households.

Yes, but: Utah's cutoff is lower than the national figure of $652,657, Axios' Alex Fitzpatrick reports.

  • That speaks to the extraordinarily high incomes in the states where the richest Americans tend to cluster. (See full article here)

Matthew Lusty
Previous

The State That Could Fix the Housing Crisis
Next

America, take note: New Zealand has figured out a simple way to bring down home prices