Economic Profile

City Population - 30,903

• Area Population - 10 Min radius 303,715
• Growth Rate - 2.96% annual

Demographics (race/age)

• White non-hispanic: 92.7%
• Hispanic: 4.6%
• Other: 1.7%
• Two or more races: 1.5%
• American Indian: 0.7%
• Median age: 24

Amenities

• Recreation Center (built 2007)
• Golf Courses w/in 20-mi: 4
• Nearby ski areas: 8
• Restaurants: 19

Demographics (income/ed.)

• Median Household Income: $70,000
• Median Home Price: $247,900
• Unemployment rate: 3.4%
• High School Graduation Rate: 92.8%
• Bachelor's Degree or higher: 28%
• Graduate Degree: 8.3%
• Unemployment Rate" 2.6%

Contacts

• Economic Dev 801-361-0723
• Planning & Zoning 801-795-6057
• Public Works 801-785-2941
• Administration 801-785-5045
• Business Alliance 801-368-7770
• Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Single Family Housing

• 2001 - 140 Permits: $159,400
• 2002 - 179 Permits: $181,000
• 2003 - 242 Permits: $177,200
• 2004 - 223 Permits: $176,900
• 2005 - 167 Permits: $237,200
• 2006 - 164 Permits: $261,200

Retail

• Taxable sales in 2006: $193M
• Increase over previous yr: 21.2%

Bond Rating

• Standard & Poors: AA
• Fitch: AA-

Employment

• Labor force 10-mi radius: 354,151
• Busines/FInance 15%
• Professional 22%
• Service 13%
• Sales 30%
• Construction 10%
• Production 10%

Climate

• Daily avg. temp. 1Q: 37
• Daily avg. temp. 2Q: 59
• Daily avg. temp. 3Q: 65
• Daily avg. temp. 4Q: 43

Education

• Brigham Young Universtiy: 30,000
• Utah Valley State College: 26,000

Geography

• International Airport 28-min.
• Downtown Salt Lake City 24-min.
• Located on Interstate 15
• Distance to I-80 30-min.
• Distance to I-70 150-min.
• Altitude 4,633 ft.

Miles to

• Denver: 504
• Los Angeles: 715
• San Francisco: 718
• San Diego: 679
• Las Vegas: 433
• Phoenix: 648
• Seattle: 836

Available Properties

• Industrial: 70-acres
• Office: 150-acres
• Retail: 120-acres

Taxes

• Sales tax rate: 6.5%
• Combined property tax rate: 1.2%