Nevada vs Utah: two economies side by side

Nevada and Utah share a border. Here are the two economies on the same measures, with the rank of each among 51 states and DC.

Far West · Rocky MountainNevada leads on 2, Utah on 9 of 11 measures

Indicator	A · NV	B · UT	Ranks
GDP, 2025	$281.4B	$319.2B	30 · 28
Real GDP growth, 2025	+2.0%	+2.7%	23 · 13
Real growth a year since 2015	+3.4%	+4.6%	7 · 1
GDP per person	$85,728	$90,191	23 · 18
Income per person, 2025	$73,767	$70,323	24 · 30
Real income per person (2017 $)	$56,503	$55,116	32 · 40
Price level (US = 100)	100.0	98.9	18 · 21
Housing costs (US = 100)	114.1	107.8	13 · 15
Unemployment, September 2026	4.7%	3.5%	43 · 19
Population	3,282,188	3,538,904	31 · 30
Population growth a year since 2020	+1.0%	+1.5%	12 · 5

Highlighted: the higher value, or the lower one for prices and unemployment. BEA (GDP, income, price parities), BLS (unemployment).

Fig. 1Real GDP, index 2015 = 100Chained 2017 dollars

NevadaUtah

Fig. 2Unemployment rateMonthly, seasonally adjusted, since 2015

NevadaUtah

Industry mix, 2025

Share of each state’s GDP. Sorted by the gap between the two.

Industry	NV	UT	Gap, pp	Larger in
Accommodation & food	12.2%	2.6%	9.6	NV
Manufacturing	4.4%	9.3%	4.9	UT
Finance & insurance	6.5%	9.9%	3.4	UT
Professional services	5.4%	7.5%	2.2	UT
Arts & recreation	2.9%	0.9%	2.0	NV
Information	3.5%	5.5%	2.0	UT
Management of companies	2.9%	1.2%	1.7	NV
Utilities	1.2%	2.3%	1.1	UT
Real estate	15.1%	14.0%	1.1	NV
Transportation & warehousing	4.3%	3.2%	1.1	NV
Government	9.4%	10.4%	1.0	UT
Wholesale trade	4.2%	5.0%	0.8	UT
Education	0.6%	1.3%	0.7	UT
Mining, oil & gas	2.3%	1.5%	0.7	NV
Other services	1.6%	2.3%	0.7	UT
Administrative & waste services	3.2%	2.8%	0.5	NV
Health care	5.9%	5.5%	0.5	NV
Agriculture	0.2%	0.5%	0.3	UT
Construction	7.7%	7.8%	0.1	UT
Retail trade	6.6%	6.6%	0.0