Wales, UT
Population 345 · Utah
About Wales, UT
Wales is a small community located in Utah with a population of 345 residents according to the latest US Census Bureau American Community Survey data. The median household income is $75,625 per year, which is 1% above the national median of $75,149. The median age of 30.5 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 Wales features a median home value of $340,600, which is 39% above the national median of $244,900. This positions Wales in a moderately priced market relative to the rest of the country. Median monthly rent is $853, 27% below the national average of $1,163/month. Of the 114 total housing units, 79% are owner-occupied (85 units) and 21% are renter-occupied (23 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wales shows an unemployment rate of 10.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wales have an average one-way commute time of 26.1 minutes.
Education & Demographics
9.8% of Wales residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 9.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 2.9% Asian residents, with 5.2% of the population being foreign-born.
How Wales Ranks in Utah
Cost of Living in Wales, UT
Compared to national averages, Wales has a median household income of $75,625 (1% above the national median of $75,149). Home values average $340,600, which is 39% above the national median. Monthly rent at $853 is 27% below the US average of $1,163. Within Utah, Wales's income is 15% below the state average of $88,715, and home values are 20% below the state median of $426,386.
Why Live in Wales, UT?
Wales offers a strong local economy with a median household income of $75,625, well above the national average, and rent that’s lower than the national average at $853/month, and a low poverty rate of 6.4%, better than the national average.
Wales has a population of 345 with a median age of 30.5 years. Compare Wales with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Wales
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Deweyville | 345 | $87,500 | $411,500 | Compare |
| Palmyra | 346 | $92,857 | $583,300 | Compare |
| Castle Valley | 348 | $44,464 | $359,700 | Compare |
| Teasdale | 352 | $72,708 | $606,800 | Compare |
| Alta | 337 | $0 | $2,000,001 | Compare |
| Brighton | 353 | $143,563 | $664,500 | Compare |
| New Harmony | 353 | $82,663 | $495,000 | Compare |
| Torrey | 332 | $74,423 | $371,400 | 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 Wales With Other Cities
Frequently Asked Questions about Wales
What is the population of Wales, UT?
The population of Wales, UT is 345 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 Wales?
The median household income in Wales, UT is $75,625 per year, which is 1% above the national median of $75,149.
What is the median home value in Wales?
The median home value in Wales, UT is $340,600, which is 39% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wales?
The median monthly rent in Wales, UT is $853, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Wales?
The unemployment rate in Wales, UT is 10.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Wales, UT a good place to live?
Wales offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 345 and a median age of 30.5, the city appeals to young professionals and families.
How educated is Wales, UT?
9.8% of residents in Wales aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Wales?
Key cost-of-living indicators for Wales, UT: median home value is $340,600 (39% above national), median rent is $853/month, and median household income is $75,625. The home-value-to-income ratio is 4.5x, a moderate figure by national standards.
What is the poverty rate in Wales?
The poverty rate in Wales, UT is 6.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wales, UT?
Wales's population is 9.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 2.9% Asian, and 0.0% two or more races. 5.2% of residents are foreign-born.