DEMOGRAPHIC DATA OF OUR COMMUNITY

 

 

Welcome to Orem, Utah.  Orem is nicknamed “Family City, USA”.  The city of Orem offers a unique mix of traditional small-town atmosphere and the region’s strongest retail presence, with one of the nation’s hottest High-Tech markets.  Orem has a number of outdoor, sporting and cultural opportunities through Brigham Young University, Utah Valley State College, the Scera Organization and the nearby Sundance Summer Theater.  The 8,500-seat McKay Events Center at Utah Valley State College hosts additional entertainment, including concerts and sporting events. 

 

Here are some of Orem’s Demographic Data:

            Orem’s Population:

                        Orem City- 2002………………………….84,324

                        Average Household Size……………………3.57

 

Orem’s housing costs are lower than in most areas of the country.  Seventy percent of Utah Valley homes are priced under $200,000.

 

There were 3,958 licensed businesses in Orem at the end of 2000.  Of those, 2,284 were commercial and 1,674 were home occupations.  As a testament to Orem’s entrepreneurial spirit, an astounding 814 new businesses were licensed in 2000 alone.

 

The FBI’s annual Uniform Crime Report says that the Provo-Orem area has the nation’s second lowest rate of violent crime.

 

The Top Employers in Utah Valley are:

 

                        Brigham Young University…………………17,000

                        Alpine School District………………………..6,240

                        Utah Valley State College……………………3,761

                        IHC Health Care Services……………………3,500

                        Nebo School District…………………………2,698

 

In its 15th Annual Development Report Card, the Corporation for Enterprise Development rated the Provo-Orem area in the top ten, with high scores for income distribution, low rates of heart disease, charitable giving, industrial diversity, new business job growth, conversion of cropland and households with computers.  The area also ranked well in performance, development capacity, and business vitality.  Orem is consistently ranked in Money Magazine’s list of “Best Places to Live in America.”  The Median Household Income in 2002 was $23,317.

 

Close to one-third of Utah County residents older than 25 have at least a bachelor’s degree, and 91 percent have obtained a high school diploma, according to results from the 2000 Census.  National rates are 25.1% and 81.6%, respectively.  Four local colleges and universities offer degree programs.  Thirty-one percent of people over age 25 have a bachelor’s degree or higher.  Ninety-one percent of the population has obtained a high school diploma.