Providence, UT
Population 8,675 · Utah
About Providence, UT
Providence is a small town located in Utah with a population of 8,675 residents according to the latest US Census Bureau American Community Survey data. The median household income is $103,831 per year, which is 38% above the national median of $75,149. The median age of 33.9 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 Providence features a median home value of $478,300, which is 95% above the national median of $244,900. This places Providence in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,416, 22% above the national average of $1,163/month. Of the 2,707 total housing units, 84% are owner-occupied (2,233 units) and 16% are renter-occupied (416 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Providence shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Providence have an average one-way commute time of 16.9 minutes, one of the shorter commutes in the region.
Education & Demographics
46.6% of Providence residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 9.8% White, 4.9% Hispanic or Latino, 0.4% Black or African American, and 3.8% Asian residents, with 2.9% of the population being foreign-born.
How Providence Ranks in Utah
Cost of Living in Providence, UT
Compared to national averages, Providence has a median household income of $103,831 (38% above the national median of $75,149). Home values average $478,300, which is 95% above the national median. Monthly rent at $1,416 is 22% above the US average of $1,163. Within Utah, Providence's income is 17% above the state average of $88,715, and home values are 12% above the state median of $426,386.
Why Live in Providence, UT?
Providence offers a strong local economy with a median household income of $103,831, well above the national average, and a strong job market with an unemployment rate of just 2.6%, and a well-educated community where 46.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 10.6%, better than the national average, and short commute times averaging just 16.9 minutes.
Potential considerations include a competitive housing market where the typical home costs $478,300. However, Providence’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Providence has a population of 8,675 with a median age of 33.9 years. Compare Providence with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Providence
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Summit Park | 8,545 | $179,516 | $1,068,300 | Compare |
| Park City | 8,365 | $140,875 | $1,739,700 | Compare |
| Price | 8,216 | $46,947 | $189,800 | Compare |
| Richfield | 8,173 | $77,847 | $287,500 | Compare |
| Washington Terrace | 9,196 | $79,971 | $332,300 | Compare |
| Hooper | 9,220 | $114,773 | $548,800 | Compare |
| Plain City | 8,101 | $126,250 | $532,300 | Compare |
| Riverdale | 9,294 | $64,496 | $370,300 | 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 Providence With Other Cities
Frequently Asked Questions about Providence
What is the population of Providence, UT?
The population of Providence, UT is 8,675 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 Providence?
The median household income in Providence, UT is $103,831 per year, which is 38% above the national median of $75,149.
What is the median home value in Providence?
The median home value in Providence, UT is $478,300, which is 95% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Providence?
The median monthly rent in Providence, UT is $1,416, which is 22% above the national average of $1,163/month.
What is the unemployment rate in Providence?
The unemployment rate in Providence, UT is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Providence, UT a good place to live?
Providence offers above-average incomes, a competitive housing market, and a strong job market. With a population of 8,675 and a median age of 33.9, the city appeals to young professionals and families.
How educated is Providence, UT?
46.6% of residents in Providence 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 Providence?
Key cost-of-living indicators for Providence, UT: median home value is $478,300 (95% above national), median rent is $1,416/month, and median household income is $103,831. The home-value-to-income ratio is 4.6x, a moderate figure by national standards.
What is the poverty rate in Providence?
The poverty rate in Providence, UT is 10.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Providence, UT?
Providence's population is 9.8% White, 4.9% Hispanic or Latino, 0.4% Black or African American, 3.8% Asian, and 0.1% two or more races. 2.9% of residents are foreign-born.