Park City is a somewhat small city located in the state of Utah. With a population of 8,526 people and eight constituent neighborhoods, Park City is the 67th largest community in Utah.
Park City home prices are not only among the most expensive in Utah, but Park City real estate also consistently ranks among the most expensive in America.
Park City is a decidedly white-collar city, with fully 87.60% of the workforce employed in white-collar jobs, well above the national average. Overall, Park City is a city of service providers, professionals, and managers. There are especially a lot of people living in Park City who work in food service (14.15%), management occupations (13.44%), and sales jobs (13.34%).
Of important note, Park City is also a city of artists. Park City has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Park City’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 15.04% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Park City is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the city’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.
In Park City, a lot of people use the bus to get to work every day though Park City is a relatively small city. Those that ride the bus are primarily traveling out of town to good jobs in other cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Park City. 60.18% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Park City in 2018 was $62,815, which is wealthy relative to Utah and the nation. This equates to an annual income of $251,260 for a family of four. However, Park City contains both very wealthy and poor people as well.
Park City is a very ethnically-diverse city. The people who call Park City home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Park City residents report their race to be White, followed by Asian. Park City also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 18.25% of the city’s residents. Important ancestries of people in Park City include German, English, Irish, Scottish, and European.
In addition, Park City has a lot of people living here who were born outside of the US (15.50%).
The most common language spoken in Park City is English. Other important languages spoken here include Spanish and Polish.