Park City is a somewhat small city located in the state of Utah. With a population of 8,396 people and nine constituent neighborhoods, Park City is the 72nd 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 85.39% of the workforce employed in white-collar jobs, well above the national average. Overall, Park City is a city of sales and office workers, managers, and professionals. There are especially a lot of people living in Park City who work in management occupations (16.20%), sales jobs (15.47%), and food service (10.20%).
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: 12.93% 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 a major vacation destination. Much of the city’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Park City’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
One of the benefits of Park City is that there is very little traffic. The average commute to work is 16.92 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.
Despite being a small city, Park City has a lot of people using the bus to get to and from work every day. Most of these people on the bus are using it to get to good jobs in other cities.
If knowledge is power, Park City is a pretty powerful place. 62.16% 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 2018 was $73,124, which is wealthy relative to Utah and the nation. This equates to an annual income of $292,496 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 16.29% of the city’s residents. Important ancestries of people in Park City include German, English, Irish, Italian, and European.
Foreign born people are also an important part of Park City's cultural character, accounting for 16.72% of the city’s population.
The most common language spoken in Park City is English. Other important languages spoken here include Spanish and Tagalog.