Unemployment rate
3.2%
-0.5 pp vs Aug
-0.4 pp vs Sep 2025
Sep 2026 · not seasonally adjusted · BLS Local Area Unemployment Statistics (metro)
The Salt Lake City-Murray, UT metropolitan area is shown here through Salt Lake County and Tooele County: Salt Lake City, Murray, West Valley City, West Jordan, Sandy, Tooele and South Jordan. These are the official monthly and quarterly numbers for the metro's jobs, housing, wages and prices, each one dated and linked to its source, updated the day the agency publishes.
Unemployment rate
3.2%
Sep 2026 · -0.4 pp from a year earlier
Next metro jobs releaseDec 2, 202610:00 ETFull calendar →
Unemployment
3.2%
Sep 2026 · -0.4 pp y/y
Payrolls y/y
2.8%
Sep 2026 · +1.7 pp y/y
House prices y/y
2.4%
Q2 2026 · -1.0 pp y/y
Listing price
$564,950
Sep 2026 · -3.6% y/y
Weekly wages
$1,570
Q1 2026 · +3.6% y/y
CPI y/y
3.8%
Sep 2026 · +0.5 pp y/y
3.2%
-0.5 pp vs Aug
-0.4 pp vs Sep 2025
Sep 2026 · not seasonally adjusted · BLS Local Area Unemployment Statistics (metro)
750,933
+0.1% vs Aug
+1.2% vs Sep 2025
Sep 2026 · not seasonally adjusted · BLS Local Area Unemployment Statistics (metro)
863.4K
+0.4% vs Aug
+2.8% vs Sep 2025
Sep 2026 · seasonally adjusted · BLS Current Employment Statistics (metro)
2.8%
+0.4 pp vs Aug
+1.7 pp vs Sep 2025
Sep 2026 · seasonally adjusted · BLS Current Employment Statistics (metro)
501
-33.6% vs Aug
-14.5% vs Sep 2025
Sep 2026 · not seasonally adjusted · Census Bureau Building Permits Survey (metro)
497.5
+0.8% vs Q1
+2.4% vs Q2 2025
Q2 2026 · not seasonally adjusted · FHFA All-Transactions House Price Index (metro)
2.4%
-0.4 pp vs Q1
-1.0 pp vs Q2 2025
Q2 2026 · not seasonally adjusted · FHFA All-Transactions House Price Index (metro)
$564,950
-0.4% vs Aug
-3.6% vs Sep 2025
Sep 2026 · not seasonally adjusted · Realtor.com Housing Inventory (metro)
3,923
+4.5% vs Aug
+14.1% vs Sep 2025
Sep 2026 · not seasonally adjusted · Realtor.com Housing Inventory (metro)
58
+1.8% vs Aug
unchanged vs Sep 2025
Sep 2026 · not seasonally adjusted · Realtor.com Housing Inventory (metro)
$1,570
+1.1% vs Q4
+3.6% vs Q1 2025
Q1 2026 · seasonally adjusted · BLS Quarterly Census of Employment and Wages (metro)
3.8%
+0.3 pp vs Aug
+0.5 pp vs Sep 2025
Sep 2026 · not seasonally adjusted · BLS Consumer Price Index, West region, all items
| County | Rate | Year ago | Change |
|---|---|---|---|
| Salt Lake County | 3.2% | 3.6% | -0.4 pp |
| Tooele County | 3.3% | 3.8% | -0.5 pp |
Sep 2026, not seasonally adjusted. Source: BLS Local Area Unemployment Statistics.
Salt Lake City runs one of the lowest unemployment rates and fastest wage gains among mid-sized metros, with technology, finance and logistics employers along the Wasatch Front. The West region CPI stands in for prices.
Every figure above, as one dated sentence each. This is the text our desk writes from; a local newsroom may quote it with attribution to the source named in each line.
Fact sheet id 793b86f1f0a7 · data through Sep 2026
Sources: BLS Local Area Unemployment Statistics (metro); BLS Current Employment Statistics (metro); Census Bureau Building Permits Survey (metro); FHFA All-Transactions House Price Index (metro); Realtor.com Housing Inventory (metro); BLS Quarterly Census of Employment and Wages (metro); BLS Consumer Price Index, West region, all items. Official statistics retrieved from the Federal Reserve Bank of St. Louis FRED database; MarketIntelLabs computes the changes shown. Nothing on this page is estimated.

Commerce cut the countervailing duty on most Canadian softwood lumber by 1.39 percentage points this morning, and for the housing market that trade headline carries only tens of dollars into a typical new home, a rounding error next to the 7.24 percent mortgage rate that still drives the monthly payment.

Residential construction spending fell 5.5% in September to a seasonally adjusted annual rate of $848.8 billion, and the whole decline came from the remodeling and improvement bucket while new single-family and multifamily put-in-place held flat.

The 30-year mortgage rate eased to 7.24% the week of October 29, the lowest in five weeks, yet monthly payments still run about 12% above a year ago. New-home sales slipped and builder sentiment hit a 14-year low. Here is what the numbers say about affordability.

The NAR Q3 metro report puts the national median existing home price at $432,900, up 1.7% from a year ago, even as the West's median slipped and a typical buyer's monthly payment stretched to 24.1% of income with 30-year rates near 7.24%.