Elk Ridge, UT
Population 4,782 · Utah
About Elk Ridge, UT
Elk Ridge is a small town located in Utah with a population of 4,782 residents according to the latest US Census Bureau American Community Survey data. The median household income is $138,587 per year, which is 84% above the national median of $75,149. The median age of 31 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Elk Ridge features a median home value of $565,200, which is 131% above the national median of $244,900. This places Elk Ridge in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 1,303 total housing units, 100% are owner-occupied (1,267 units) and 0% are renter-occupied (5 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Elk Ridge shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 2.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Elk Ridge have an average one-way commute time of 28.9 minutes.
Education & Demographics
41.9% of Elk Ridge residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 3.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.5% Asian residents, with 1.2% of the population being foreign-born.
How Elk Ridge Ranks in Utah
Cost of Living in Elk Ridge, UT
Compared to national averages, Elk Ridge has a median household income of $138,587 (84% above the national median of $75,149). Home values average $565,200, which is 131% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Utah, Elk Ridge's income is 56% above the state average of $88,715, and home values are 33% above the state median of $426,386.
Why Live in Elk Ridge, UT?
Elk Ridge offers a strong local economy with a median household income of $138,587, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 41.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $565,200. However, Elk Ridge’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Elk Ridge has a population of 4,782 with a median age of 31 years. Compare Elk Ridge with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Elk Ridge
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Kanab | 4,950 | $80,040 | $378,600 | Compare |
| Maeser | 4,533 | $77,873 | $315,100 | Compare |
| La Verkin | 4,429 | $63,061 | $366,500 | Compare |
| Morgan | 4,268 | $114,102 | $463,100 | Compare |
| Moab | 5,316 | $55,333 | $478,700 | Compare |
| Hyde Park | 5,410 | $108,068 | $507,400 | Compare |
| Wellsville | 4,120 | $110,543 | $403,500 | Compare |
| Sunset | 5,567 | $74,250 | $296,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Utah
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Elk Ridge With Other Cities
Frequently Asked Questions about Elk Ridge
What is the population of Elk Ridge, UT?
The population of Elk Ridge, UT is 4,782 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Utah.
What is the median household income in Elk Ridge?
The median household income in Elk Ridge, UT is $138,587 per year, which is 84% above the national median of $75,149.
What is the median home value in Elk Ridge?
The median home value in Elk Ridge, UT is $565,200, which is 131% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Elk Ridge?
The median monthly rent in Elk Ridge, UT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Elk Ridge?
The unemployment rate in Elk Ridge, UT is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Elk Ridge, UT a good place to live?
Elk Ridge offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 4,782 and a median age of 31, the city appeals to young professionals and families.
How educated is Elk Ridge, UT?
41.9% of residents in Elk Ridge aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Elk Ridge?
Key cost-of-living indicators for Elk Ridge, UT: median home value is $565,200 (131% above national), median rent is $0/month, and median household income is $138,587. The home-value-to-income ratio is 4.1x, a moderate figure by national standards.
What is the poverty rate in Elk Ridge?
The poverty rate in Elk Ridge, UT is 2.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Elk Ridge, UT?
Elk Ridge's population is 3.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.5% Asian, and 0.4% two or more races. 1.2% of residents are foreign-born.