Orem, UT
Population 97,048 · Utah
About Orem, UT
Orem is a mid-sized city located in Utah with a population of 97,048 residents according to the latest US Census Bureau American Community Survey data. The median household income is $81,292 per year, which is 8% above the national median of $75,149. The median age of 26.9 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 Orem features a median home value of $439,000, which is 79% above the national median of $244,900. This places Orem in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,405, 21% above the national average of $1,163/month. Of the 32,027 total housing units, 58% are owner-occupied (17,807 units) and 42% are renter-occupied (12,805 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Orem shows an unemployment rate of 3.8%, which is near the national rate of 3.7%. The poverty rate stands at 10.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Orem have an average one-way commute time of 20.1 minutes.
Education & Demographics
42.5% of Orem 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 12.2% White, 2.0% Hispanic or Latino, 0.1% Black or African American, and 7.4% Asian residents, with 12.5% of the population being foreign-born.
How Orem Ranks in Utah
Cost of Living in Orem, UT
Compared to national averages, Orem has a median household income of $81,292 (8% above the national median of $75,149). Home values average $439,000, which is 79% above the national median. Monthly rent at $1,405 is 21% above the US average of $1,163. Within Utah, Orem's income is 8% below the state average of $88,715, and home values are 3% above the state median of $426,386.
Why Live in Orem, UT?
Orem offers a strong local economy with a median household income of $81,292, well above the national average, and a well-educated community where 42.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 10.1%, better than the national average. Additionally, the city features short commute times averaging just 20.1 minutes.
Potential considerations include a competitive housing market where the typical home costs $439,000. However, as a mid-sized city, Orem provides access to a wide range of amenities and services.
Orem has a population of 97,048 with a median age of 26.9 years. Compare Orem with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Orem
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| St. George | 99,184 | $72,870 | $456,900 | Compare |
| Sandy | 94,723 | $111,242 | $562,500 | Compare |
| Ogden | 86,973 | $70,053 | $311,300 | Compare |
| Layton | 82,512 | $99,188 | $437,400 | Compare |
| Lehi | 81,039 | $125,860 | $567,100 | Compare |
| South Jordan | 80,331 | $126,400 | $614,800 | Compare |
| Provo | 114,303 | $62,800 | $437,100 | Compare |
| West Jordan | 116,277 | $103,960 | $454,700 | 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 Orem With Other Cities
Frequently Asked Questions about Orem
What is the population of Orem, UT?
The population of Orem, UT is 97,048 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Utah.
What is the median household income in Orem?
The median household income in Orem, UT is $81,292 per year, which is 8% above the national median of $75,149.
What is the median home value in Orem?
The median home value in Orem, UT is $439,000, which is 79% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Orem?
The median monthly rent in Orem, UT is $1,405, which is 21% above the national average of $1,163/month.
What is the unemployment rate in Orem?
The unemployment rate in Orem, UT is 3.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Orem, UT a good place to live?
Orem offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 97,048 and a median age of 26.9, the city appeals to young professionals and families.
How educated is Orem, UT?
42.5% of residents in Orem 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 Orem?
Key cost-of-living indicators for Orem, UT: median home value is $439,000 (79% above national), median rent is $1,405/month, and median household income is $81,292. The home-value-to-income ratio is 5.4x, a moderate figure by national standards.
What is the poverty rate in Orem?
The poverty rate in Orem, UT is 10.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Orem, UT?
Orem's population is 12.2% White, 2.0% Hispanic or Latino, 0.1% Black or African American, 7.4% Asian, and 0.7% two or more races. 12.5% of residents are foreign-born.