Park City is a somewhat small city located in the state of Utah. With a population of 8,128 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 91.77% of the workforce employed in white-collar jobs, well above the national average. Overall, Park City is a city of service providers, managers, and sales and office workers. There are especially a lot of people living in Park City who work in management occupations (18.38%), sales jobs (16.68%), and food service (11.24%).
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: 17.07% 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 vacation destination. A significant portion of the population is seasonal. During the vacation season, the city experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller city.
Even though Park City is a smaller city, it has many people who hop on public transportation – mostly the bus for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
If knowledge is power, Park City is a pretty powerful place. 59.75% of the adults in Park City have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Park City in 2010 was $64,552, which is wealthy relative to Utah and the nation. This equates to an annual income of $258,208 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 16.43% of the city’s residents. Important ancestries of people in Park City include German, Irish, Italian, and Scottish.
In addition, Park City has a lot of people living here who were born outside of the US (17.36%).
The most common language spoken in Park City is English. Other important languages spoken here include Spanish and French.