Insight
Utah: home values carry most of what we see in a small community
Utah has about 14,900 Asian Indian residents, 72% in Salt Lake County. Home values support 173 of the 250 people in our Utah $1M+ set.
Utah has about 14,900 residents of Asian Indian descent, up about 11% from the 2015–2019 survey [1][2]. They are 0.4% of the state [1][3].
Salt Lake County has about 10,600 of them, about 72% (our calculation) [4][5]. Home values support 173 of the 250 people in our Utah set, about 69% (our calculation) [8].
- 14,854 residents of Asian Indian descent (alone or in combination) in Utah, 2020–2024 average [1], or 0.4% of the population [3].
- +11.2% versus the 2015–2019 estimate of 13,360 [1][2] (our calculation).
- 250 people in the HeyAlbert database placed in Utah at an estimated $1M+, of whom 43 are in our $5M+ bands [8].
Where Utah's Indian-American residents live, by county
The Census Bureau's American Community Survey counts 14,854 people who report Asian Indian ancestry, alone or with another group, in Utah [1]. Salt Lake County holds 72% of them, and the three largest counties together hold 92% [4][5] (our calculation).
| County | 2020–2024 | 2015–2019 | Change | Share of county |
|---|---|---|---|---|
| Salt Lake County | 10,622 | 9,788 | 9% | 0.9% |
| Utah County | 2,261 | 1,902 | 19% | 0.3% |
| Davis County | 737 | 350 | 111% | 0.2% |
Asian Indian alone or in any combination. Sources: ACS 5-year estimates [4][5]; totals from Table B01003. Change and share are our calculations. Estimates carry margins of error.
Utah County is second at about 2,300 and Davis County roughly doubled from a small base [4][5]. Weber and Cache counties fell [4][5]. Draper has the highest share of any larger place, 3%, followed by South Jordan and Murray at 2% [6].
The most concentrated communities
Raw counts favor big cities. Ranking places of 20,000+ residents by the share who report Asian Indian ancestry gives a different map [6][7]:
| Place | Asian Indian residents | Total population | Share |
|---|---|---|---|
| Draper | 1,363 | 50,278 | 2.7% |
| South Jordan | 2,066 | 82,686 | 2.5% |
| Murray | 1,093 | 50,188 | 2.2% |
| Salt Lake City | 1,462 | 208,007 | 0.7% |
Places with 20,000+ residents and at least 1,000 Asian Indian residents. CDP = census-designated place. Sources: ACS 2020–2024 5-year, Tables B02018 and B01003 [6][7]; shares are our calculation.
What the HeyAlbert database shows in Utah
HeyAlbert builds profiles of Indian-American individuals with an estimated net worth of $1M or more from public records, and every estimate is tied to a cited source. Our database currently places 250 such people in Utah [8]. That is a count of people we have found and estimated, not a census of wealthy households: our coverage is partial and uneven.
| Estimated net-worth band | People in our database |
|---|---|
| $1M–5M | 207 |
| $5M–15M | 34 |
| $25M+ (probable) | <25 |
| $25M+ (likely) | <25 |
| Total, $1M+ | 250 |
Source: HeyAlbert database [8]. Bands are estimates from public evidence; “likely” and “probable” describe our confidence in the $25M+ tier. Cells under 25 are suppressed.
Our database places 250 people in Utah at $1M+, 43 at $5M+ and fewer than 25 in our $25M+ bands [8]. No Utah city reaches 25 people in our set [8].
Why our Utah count looks the way it does
Each estimate in our database rests on a primary piece of public evidence. The mix differs from place to place, depending on which records we have been able to process, and it shapes the counts above more than any real difference in wealth does [8].
| Primary evidence for the estimate | People | Share |
|---|---|---|
| Home value (public assessor or listing records) | 173 | 69% |
| Other public signals (executive roles, company filings, gifts, pay) | 53 | 21% |
Source: HeyAlbert database [8], people at $1M+. Categories under 25 not shown.
Beyond the 173 home-value estimates, other public signals support 53 and physician estimates 24 [8]. A home-value-led set usually means most people sit in the $1M–5M band, and that is the case here: 207 of 250 [8].
What it means if you work with these families
Utah is a small, concentrated market around Salt Lake City. For advisors, it is a home-equity story: households near the first million, in the southern Salt Lake suburbs.
Methodology
Census figures are American Community Survey 5-year estimates for 2020–2024 and 2015–2019, Table B02018, using “Asian Indian, alone or in any combination” [1][2]. Total population comes from Table B01003 [3]. The Census Bureau changed how it codes detailed race responses in 2020, so part of the change between the two periods may reflect coding rather than migration. All estimates carry margins of error. Shares and growth rates are our calculations.
HeyAlbert counts are aggregates from our database as of October 2026 [8]. They include people we identified as likely of Indian origin with an estimated net worth of $1M or more, based on public records such as property assessments, professional licenses, patents, SEC filings and donor rolls. Coverage is partial and depends on which public records exist and which we have processed. These counts are not population totals. Any cell under 25 is suppressed, and we publish aggregates only, never individual records.
Related
- Which US states have the largest and wealthiest Indian American populations?
- Colorado: Douglas County overtakes Arapahoe as the Indian-American center
- Arizona: the community lives in Chandler, the wealth in Scottsdale and Paradise Valley
- Indian-American wealth by metro: population vs. millionaires
HeyAlbert finds Indian-American families worth $1M+ and tells you who to call, with every fact cited. See who is in Utah at heyalbert.site.
Sources
- ACS 2020–2024 5-year estimates, Table B02018 (Asian alone or in any combination by selected groups), all states. US Census Bureau. https://data.census.gov/table/ACSDT5Y2024.B02018?g=010XX00US$0400000 (data: machine-readable)
- ACS 2015–2019 5-year estimates, Table B02018, all states. US Census Bureau. https://data.census.gov/table/ACSDT5Y2019.B02018?g=010XX00US$0400000 (data: machine-readable)
- ACS 2020–2024 5-year estimates, Table B01003 (total population), all states. US Census Bureau. https://data.census.gov/table/ACSDT5Y2024.B01003?g=010XX00US$0400000 (data: machine-readable)
- ACS 2020–2024 5-year estimates, Table B02018, all counties. US Census Bureau. https://data.census.gov/table/ACSDT5Y2024.B02018?g=010XX00US$0500000 (data: machine-readable)
- ACS 2015–2019 5-year estimates, Table B02018, all counties. US Census Bureau. https://data.census.gov/table/ACSDT5Y2019.B02018?g=010XX00US$0500000 (data: machine-readable)
- ACS 2020–2024 5-year estimates, Table B02018, places in Utah. US Census Bureau. https://data.census.gov/table/ACSDT5Y2024.B02018?g=040XX00US49$1600000 (data: machine-readable)
- ACS 2020–2024 5-year estimates, Table B01003, places in Utah. US Census Bureau. https://data.census.gov/table/ACSDT5Y2024.B01003?g=040XX00US49$1600000 (data: machine-readable)
- HeyAlbert database, aggregate counts (October 2026 snapshot); how we build it is described on our methodology page. HeyAlbert. https://heyalbert.site/research/methodology/
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