Most Expensive Orem Neighborhoods
Orem is a larger medium-sized city located in the state of Utah. With a population of 91,781 people and 22 constituent neighborhoods, Orem is the fifth largest community in Utah.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Orem is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Orem is a city of sales and office workers, professionals and service providers. There are especially a lot of people living in Orem who work in office and administrative support (16.29%), sales jobs (12.24%) and management occupations (8.64%).
Also of interest is that Orem has more people living here who work in computers and math than 95% of the places in the US.
Orem is a nice balance between life in a moderately big city and the interesting diversions and culture that come from having a big college student population. The thousands of students who arrive on campus every fall will find that Orem has plenty of amenities and opportunities for them, while residents of Orem enjoy the lectures, music, art, and economic trickle-down that colleges typically provide. "Town and Gown" complement each other in Orem.
Not only is Orem a city with many college students, but it also retains many recent graduates who are looking to start new careers, creating a very large population of people who are young, single, educated, and upwardly-mobile. That’s because Orem is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Orem a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.
The citizens of Orem are very well educated compared to the average community in the nation: 35.58% of adults in Orem have a bachelor's degree or even advanced degree.
The per capita income in Orem in 2010 was $20,621, which is middle income relative to Utah, and lower middle income relative to the rest of the US. This equates to an annual income of $82,484 for a family of four. However, Orem contains both very wealthy and poor people as well.
The people who call Orem home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Orem residents report their race to be White, followed by Asian. Orem also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 15.63% of the city’s residents. Important ancestries of people in Orem include English, German, Danish, Scottish, Irish and Swedish.
The most common language spoken in Orem is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||25,884|
|OREM HOME OWNERSHIP|
|% OWNER OCCUPIED||59.55%|
|% RENTER OCCUPIED||40.45%|
|TYPE OF OREM HOMES|
|SINGLE FAMILY DETACHED||57.80%|
|ROWHOUSES AND ATTACHED HOMES||9.41%|
|SMALL APARTMENT BUILDINGS||14.35%|
|COMPLEXES OR HIGH RISE APARTMENTS||16.43%|
|SIZE OF OREM HOMES|
|5 OR MORE BEDROOMS||25.69%|
|AGE OF OREM HOMES|
|NEWER HOMES (2000 OR LATER)||13.77%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||64.90%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||19.36%|
|HISTORIC (1939 OR BEFORE)||1.97%|
|OREM REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$263,650|
|MEDIAN RENTAL PRICE||$1,017|
|HOME VALUE RANGE|
|$0 - $65,000||4.46%|
|$65,001 - $130,000||0.97%|
|$130,001 - $260,000||43.61%|
|$260,001 - $389,000||34.62%|
|$389,001 - $519,000||9.34%|
|$519,001 - $649,000||3.05%|
|$649,001 - $974,000||2.67%|
|$974,001 - $1,298,000||0.84%|
|PEOPLE OF OREM||DETAILS|
|UNDER 5 YEARS||10.30%|
|5 TO 17||20.05%|
|18 TO 24||17.39%|
|25 TO 34||17.10%|
|35 TO 54||18.52%|
|55 TO 64||8.25%|
|65 YEARS AND OVER||8.40%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||92.20%|
|MEDIAN HOUSEHOLD INCOME||$54,048|
|PER CAPITA INCOME||$20,621|
|INDIVIDUALS BELOW POVERTY LEVEL||17.33%|
|INDUSTRIES PEOPLE WORK IN||Education (14.59%)
Professional, scientific, and technical services (8.82%)
Information Technology (2.46%)
Public Service (2.39%)
|BLACK OR AFRICAN AMERICAN||1.06%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.56%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.99%|
|SOME OTHER RACE ALONE||3.63%|
|TWO OR MORE RACES||3.15%|
|HISPANIC OR LATINO (OF ANY RACE)||15.63%|
|ETHNICITIES PRESENT||English (27.47%)
|LANGUAGES SPOKEN||English (81.26%)
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