Living in Orem, Utah

Cost of living, income, home prices, rent and demographics of Orem · Census data 2020–2024

Orem has 97,182 residents with a median age of 27. The median household income is $83,342 (12% lower than the Utah median), the median home value is $472,300, the median rent is $1,438/month.

Orem at a glance

Population
97,182
Median age
27State: 32
Median household income
$83,342State: $95,166
Median home value
$472,300State: $489,400
Median rent
$1,438/moState: $1,496
Homeowners
57.8%
Bachelor's degree or higher
43.6%
Average commute
20 min

Is Orem a good place to live?

Pros: Home values 3% lower than the state median; an average commute of 20 minutes.

Cons: Median household income 12% lower than the Utah median; unemployment of 3.9%; a poverty rate of 10.2%.

The weather is best in May–June and August–September.

Cost of living in Orem

Housing is the biggest part of the cost of living. In Orem the median home value is $472,300, 42% higher than the U.S. median. Renters pay a median of $1,438 per month, which is 28.6% of household income. Homeowners with a mortgage pay $1,866 a month in housing costs.

Median home value

Orem$472,300
Utah$489,400
United States$332,700

Median monthly rent

Orem$1,438
Utah$1,496
United States$1,413

Orem median household income

The median household income in Orem is $83,342 and the income per person is $35,876. 10.2% of residents live below the poverty line (Utah: 8.5%).

Median household income

Orem$83,342
Utah$95,166
United States$80,734

Housing in Orem: homes for sale and rent

Housing units
32,835
Owner-occupied
57.8%
Renter-occupied
42.2%
Vacant
4.7%Includes seasonal homes
Median year built
1989
Average household size
3.03

Orem demographics

Population
97,182
Median age
27
Under 18
26.3%
65 and older
10.4%
Households
31,291
Foreign-born
12.2%
Veterans
3.1%Adults 18+

Race and ethnicity

White76.1%
Hispanic or Latino19.4%
Black0.9%
Asian2%

Hispanic or Latino can be of any race. Population history of Orem ›

Education in Orem

43.6% of adults 25 and older in Orem have a bachelor's degree or higher (Utah: 37.7%), and 13% have a graduate or professional degree.

Bachelor's degree or higher

Orem43.6%
Utah37.7%
United States35.7%

Jobs and commute in Orem

Unemployment rate
3.9%State: 3.6%
Average commute
20 minState: 22 min
Work from home
16.5%
Drive alone
66.6%
Public transit
2.3%
Walk to work
2%
Homes with broadband
92.5%

Orem vs nearby towns

TownPopulationMedian incomeHome valueRent
Orem97,182$83,342$472,300$1,438
Vineyard14,446$103,380$574,500$1,834
Lindon11,765$120,956$675,500$1,563
Provo114,766$64,171$467,200$1,193
Pleasant Grove37,852$101,073$491,000$1,689
American Fork37,109$98,878$496,700$1,697
Cedar Hills9,950$139,008$645,600$2,179
Sundance104$132,857$1,892,900—
Springville35,849$89,816$454,400$1,572

More for people moving to Orem

Orem ZIP code ›Weather and climate ›

Living in Orem: FAQ

What is the median household income in Orem, UT?

The median household income in Orem is $83,342, 12% lower than the Utah median of $95,166 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Orem?

The median home value in Orem is $472,300, compared with $489,400 in Utah.

How much is rent in Orem?

The median gross rent in Orem is $1,438 per month, about 28.6% of household income.

Is Orem, UT a good place to live?

Pluses: home values 3% lower than the state median; an average commute of 20 minutes. Minuses: median household income 12% lower than the Utah median; unemployment of 3.9%; a poverty rate of 10.2%.

What is the median age in Orem?

The median age in Orem is 27 years (Utah: 32).

How long is the commute in Orem?

The average commute to work in Orem is 20 minutes; 16.5% of workers work from home.

What is the unemployment rate in Orem?

The unemployment rate in Orem is 3.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Orem?

43.6% of adults in Orem have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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