Demographics

The City of Orem was organized in 1919 and named after Walter C. Orem, President of the Salt Lake and Utah Railroad. Orem is located on the eastern shore of Utah Lake and extends easterly to the foothills of Mount Timpanogos. As the fifth-largest City in Utah, Orem is located in the center of the Provo-Orem MSA with an estimated population of over 603,000* people. It is also home to Utah Valley University and within five minutes of Brigham Young University with a combined total of over 67,000 students. Housing, education, and employment opportunities continue to be in high demand as Orem’s population recently surpassed 97,000 residents*. Orem was named the #13 Best Place to Live in America for 2018 by Money Magazine.

*2016 U.S. Census Bureau estimates

Orem, UT

Population

Total Population

101,002

Population
Growth Rate

1.45%

Median Age

28

Diversity Index

53.100

Housing & Income

Households

29,950

Total Housing Units

31,301


Owner Occupied

16,696

Renter Occupied

13,254

Vacant

1,351

Median Home Value

$278,210


Average Home Value

$326,222

Income
Growth Rate

Median
Household Income

1.61%


Per Capita Income

3.02%

Income Projection

Median Household

$63,120 $74,550


Average Household

$84,159 $97,040


Per Capita

$25,090 $29,117

Workforce

Total Businesses

3,633

Total Employed

40,157

Workers 16+

43,640

AG/Forestry/Fish/Hunting

Businesses

7

Employed

15

Mining

Businesses

1

Employed

7

Utilities

Businesses

5

Employed

28

Construction

Businesses

222

Employed

3,077

Manufacturing

Businesses

138

Employed

1,859

Wholesale Trade

Businesses

128

Employed

1,948

Some
High School

2,801

Graduated
High School

7,019

Associates
Degree

5,908

Bachelor's
Degree

15,873

Graduate
Degree

7,915

Average Commute Time

18 min.



Resident Commuters

38,893

Non-Resident Commuters

4,477

Drive Alone

33,516

Carpooled

4,666

Public

1,016

Work At Home

2,337

Business Growth

Business Licenses

  • 2,832 Commercial
  • 2,096 Home Occupation

Number of Employees Reported by Applicants

  • 30,531

      As of October 25, 2018