Job Market 1 months ago

Utah Job Market: Top Industries, Salaries & Employers (2026)

Guide to the Utah job market in 2026. Technology, healthcare, outdoor recreation, and defense across Salt Lake City and Silicon Slopes.

Quick Answer: Utah has a $250 billion GDP with 1.7 million workers across technology, healthcare, outdoor recreation, finance, and aerospace. Average salary is $56,480. The "Silicon Slopes" tech corridor (Lehi-Provo-Salt Lake City) is one of America's fastest-growing tech hubs. Cost of living in Salt Lake City is near the national average with rapidly rising housing costs.

Utah has the youngest median age and one of the fastest population growth rates in the nation. The Silicon Slopes tech corridor has attracted billions in venture capital, and companies like Qualtrics, Pluralsight, and Domo have put Utah on the tech map. The state consistently ranks #1 for economic dynamism.

Top Industries

  • Technology: Silicon Slopes (Lehi/Draper/Provo) hosts Adobe, Qualtrics (SAP), Pluralsight, Lucid Software, Podium, and 8,000+ tech companies. Average tech salary: $105,000. Utah ranks #1 for tech job growth percentage.
  • Healthcare: Intermountain Health (largest private employer in UT), University of Utah Health, and MountainStar. 180,000+ healthcare workers. Intermountain is recognized as one of the most innovative health systems globally.
  • Outdoor Recreation: $12B industry. Skiing (Park City, Alta, Snowbird), national parks (5 "Mighty Five" parks), and outdoor brands. REI, Black Diamond, Backcountry.com based in UT.
  • Aerospace & Defense: Hill AFB (largest employer in UT), Northrop Grumman, L3Harris, and Boeing. 80,000+ defense jobs. Average defense salary: $78,000.
  • Finance: Goldman Sachs (Salt Lake City — largest office outside NYC), Zions Bancorporation, and numerous fintech startups. Average finance salary: $75,000.

Major Employers

EmployerIndustryApprox. UT Employees
Intermountain HealthHealthcare42,000+
Hill Air Force BaseDefense27,000+
State of UtahGovernment24,000+
University of UtahEducation22,000+
WalmartRetail18,000+
Goldman SachsFinance5,000+
AdobeTechnology3,500+

Average Salary by Metro Area

Metro AreaAvg SalaryCost of Living Index
Salt Lake City$60,340105
Provo-Orem$54,870100
Ogden$52,64093
St. George$47,830100
Park City$58,470160 (very high)

Growing Sectors

  • AI & SaaS: Silicon Slopes is a SaaS powerhouse. Qualtrics, Lucid, Podium, and dozens of AI-focused startups drive growth. VC investment exceeded $5B in 2025.
  • Life Sciences: University of Utah spinoffs and Intermountain's research create a growing biotech cluster. Recursion Pharmaceuticals is a unicorn.
  • Clean Energy: Solar installations growing rapidly across southern Utah. Battery storage and EV charging infrastructure expanding.

Remote Work Availability

Utah's tech companies are generally hybrid-friendly. The outdoor lifestyle (skiing, hiking, national parks) is a major retention tool. Many remote workers choose Utah for its combination of nature access, growing urban amenities, and moderate cost of living.

FAQ

What is the minimum wage in Utah?

$7.25/hour (federal floor). However, the tight labor market means most employers pay $12-16+ entry level. Tech entry-level averages $55,000+ annual.

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