Living in Provo, Utah

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

Provo has 114,766 residents with a median age of 23.6. The median household income is $64,171 (33% lower than the Utah median), the median home value is $467,200, the median rent is $1,193/month.

Provo at a glance

Population
114,766
Median age
23.6State: 32
Median household income
$64,171State: $95,166
Median home value
$467,200State: $489,400
Median rent
$1,193/moState: $1,496
Homeowners
39.4%
Bachelor's degree or higher
45.2%
Average commute
18 min

Is Provo a good place to live?

Pros: Home values 5% lower than the state median; an average commute of 18 minutes.

Cons: Median household income 33% lower than the Utah median; unemployment of 5.1%; a poverty rate of 23%.

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

Cost of living in Provo

Housing is the biggest part of the cost of living. In Provo the median home value is $467,200, 40% higher than the U.S. median. Renters pay a median of $1,193 per month, which is 29.9% of household income. Homeowners with a mortgage pay $1,960 a month in housing costs.

Median home value

Provo$467,200
Utah$489,400
United States$332,700

Median monthly rent

Provo$1,193
Utah$1,496
United States$1,413

Provo median household income

The median household income in Provo is $64,171 and the income per person is $27,822. 23% of residents live below the poverty line (Utah: 8.5%).

Median household income

Provo$64,171
Utah$95,166
United States$80,734

Housing in Provo: homes for sale and rent

Housing units
35,944
Owner-occupied
39.4%
Renter-occupied
60.6%
Vacant
5.3%Includes seasonal homes
Median year built
1983
Average household size
3.02

Provo demographics

Population
114,766
Median age
23.6
Under 18
18.7%
65 and older
6.7%
Households
34,022
Foreign-born
12.5%
Veterans
2%Adults 18+

Race and ethnicity

White76.6%
Hispanic or Latino19.2%
Black1.2%
Asian2.2%

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

Education in Provo

45.2% of adults 25 and older in Provo have a bachelor's degree or higher (Utah: 37.7%), and 13.9% have a graduate or professional degree.

Bachelor's degree or higher

Provo45.2%
Utah37.7%
United States35.7%

Jobs and commute in Provo

Unemployment rate
5.1%State: 3.6%
Average commute
18 minState: 22 min
Work from home
16.1%
Drive alone
56.5%
Public transit
5.1%
Walk to work
10.2%
Homes with broadband
84.6%

Provo vs nearby towns

TownPopulationMedian incomeHome valueRent
Provo114,766$64,171$467,200$1,193
Orem97,182$83,342$472,300$1,438
Springville35,849$89,816$454,400$1,572
Vineyard14,446$103,380$574,500$1,834
Lindon11,765$120,956$675,500$1,563
Palmyra301$97,188$687,500—
Spanish Fork44,946$104,844$481,500$1,489
Lake Shore1,129$99,058$713,200$1,117
Mapleton13,114$133,142$745,200$1,386

More for people moving to Provo

Provo ZIP code ›Weather and climate ›

Living in Provo: FAQ

What is the median household income in Provo, UT?

The median household income in Provo is $64,171, 33% 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 Provo?

The median home value in Provo is $467,200, compared with $489,400 in Utah.

How much is rent in Provo?

The median gross rent in Provo is $1,193 per month, about 29.9% of household income.

Is Provo, UT a good place to live?

Pluses: home values 5% lower than the state median; an average commute of 18 minutes. Minuses: median household income 33% lower than the Utah median; unemployment of 5.1%; a poverty rate of 23%.

What is the median age in Provo?

The median age in Provo is 23.6 years (Utah: 32).

How long is the commute in Provo?

The average commute to work in Provo is 18 minutes; 16.1% of workers work from home.

What is the unemployment rate in Provo?

The unemployment rate in Provo is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Provo?

45.2% of adults in Provo 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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