Living in Price, Utah
Cost of living, income, home prices, rent and demographics of Price · Census data 2020–2024
Price has 8,248 residents with a median age of 36.7. The median household income is $53,203 (44% lower than the Utah median), the median home value is $225,600, the median rent is $855/month.
Price at a glance
- Population
- 8,248
- Median age
- 36.7State: 32
- Median household income
- $53,203State: $95,166
- Median home value
- $225,600State: $489,400
- Median rent
- $855/moState: $1,496
- Homeowners
- 61.3%
- Bachelor's degree or higher
- 19.1%
- Average commute
- 16 min
Is Price a good place to live?
Pros: Home values 54% lower than the state median; an average commute of 16 minutes.
Cons: Median household income 44% lower than the Utah median; unemployment of 7.4%; a poverty rate of 17.7%.
The weather is best in May–June and August–September.
Cost of living in Price
Housing is the biggest part of the cost of living. In Price the median home value is $225,600, 32% lower than the U.S. median. Renters pay a median of $855 per month, which is 29.8% of household income. Homeowners with a mortgage pay $1,200 a month in housing costs.
Price median household income
The median household income in Price is $53,203 and the income per person is $27,816. 17.7% of residents live below the poverty line (Utah: 8.5%).
Housing in Price: homes for sale and rent
- Housing units
- 3,516
- Owner-occupied
- 61.3%
- Renter-occupied
- 38.7%
- Vacant
- 6.6%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.40
Price demographics
- Population
- 8,248
- Median age
- 36.7
- Under 18
- 24.7%
- 65 and older
- 18.5%
- Households
- 3,283
- Foreign-born
- 1.9%
- Veterans
- 4.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Price ›
Education in Price
19.1% of adults 25 and older in Price have a bachelor's degree or higher (Utah: 37.7%), and 6.4% have a graduate or professional degree.
Jobs and commute in Price
- Unemployment rate
- 7.4%State: 3.6%
- Average commute
- 16 minState: 22 min
- Work from home
- 6.4%
- Drive alone
- 76%
- Public transit
- 0.2%
- Walk to work
- 1.4%
- Homes with broadband
- 83.6%
Price vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Price | 8,248 | $53,203 | $225,600 | $855 |
| West Wood | 962 | $86,583 | $455,700 | $1,509 |
| Carbonville | 1,636 | $67,193 | $336,400 | $793 |
| Spring Glen | 1,157 | $52,386 | $282,600 | $847 |
| Wellington | 1,624 | $61,466 | $179,500 | $888 |
| Helper | 2,698 | $56,875 | $209,800 | $846 |
| Elmo | 360 | $45,000 | $209,600 | $714 |
| Cleveland | 378 | $74,375 | $192,000 | $1,023 |
| East Carbon | 1,336 | $37,991 | $90,000 | $1,010 |
More for people moving to Price
Price ZIP code ›Weather and climate ›Living in Price: FAQ
What is the median household income in Price, UT?
The median household income in Price is $53,203, 44% 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 Price?
The median home value in Price is $225,600, compared with $489,400 in Utah.
How much is rent in Price?
The median gross rent in Price is $855 per month, about 29.8% of household income.
Is Price, UT a good place to live?
Pluses: home values 54% lower than the state median; an average commute of 16 minutes. Minuses: median household income 44% lower than the Utah median; unemployment of 7.4%; a poverty rate of 17.7%.
What is the median age in Price?
The median age in Price is 36.7 years (Utah: 32).
How long is the commute in Price?
The average commute to work in Price is 16 minutes; 6.4% of workers work from home.
What is the unemployment rate in Price?
The unemployment rate in Price is 7.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Price?
19.1% of adults in Price 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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