Torrey, UT
Population 332 · Utah
About Torrey, UT
Torrey is a small community located in Utah with a population of 332 residents according to the latest US Census Bureau American Community Survey data. The median household income is $74,423 per year, which is 1% below the national median of $75,149. The median age of 62.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Torrey features a median home value of $371,400, which is 52% above the national median of $244,900. This places Torrey 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 291 total housing units, 81% are owner-occupied (132 units) and 19% are renter-occupied (30 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Torrey shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Torrey have an average one-way commute time of 7.2 minutes, one of the shorter commutes in the region.
Education & Demographics
41.3% of Torrey 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 9.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 11.4% Asian residents, with 12.7% of the population being foreign-born.
Cost of Living in Torrey, UT
Compared to national averages, Torrey has a median household income of $74,423 (1% below the national median of $75,149). Home values average $371,400, which is 52% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Utah, Torrey's income is 16% below the state average of $88,715, and home values are 13% below the state median of $426,386.
Why Live in Torrey, UT?
Torrey offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 41.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 10.8%, better than the national average, and short commute times averaging just 7.2 minutes.
Potential considerations include median household income ($74,423) that falls below the national average, and a competitive housing market where the typical home costs $371,400. However, Torrey’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Torrey has a population of 332 with a median age of 62.9 years. Compare Torrey with other cities to see how it stacks up, or explore all cities in Utah.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Torrey
What is the population of Torrey, UT?
The population of Torrey, UT is 332 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Utah.
What is the median household income in Torrey?
The median household income in Torrey, UT is $74,423 per year, which is 1% below the national median of $75,149.
What is the median home value in Torrey?
The median home value in Torrey, UT is $371,400, which is 52% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Torrey?
The median monthly rent in Torrey, UT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Torrey?
The unemployment rate in Torrey, UT is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Torrey, UT a good place to live?
Torrey offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 332 and a median age of 62.9, the city appeals to established professionals and retirees.
How educated is Torrey, UT?
41.3% of residents in Torrey 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 Torrey?
Key cost-of-living indicators for Torrey, UT: median home value is $371,400 (52% above national), median rent is $0/month, and median household income is $74,423. The home-value-to-income ratio is 5.0x, a moderate figure by national standards.
What is the poverty rate in Torrey?
The poverty rate in Torrey, UT is 10.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Torrey, UT?
Torrey's population is 9.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 11.4% Asian, and 0.0% two or more races. 12.7% of residents are foreign-born.