Saratoga Springs is a medium-sized city located in the state of Utah. With a population of 33,282 people and three constituent neighborhoods, Saratoga Springs is the 40th largest community in Utah. Much of the housing stock in Saratoga Springs was built relatively recently. The construction of new real estate can often be taken as an indication that the local Saratoga Springs economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Saratoga Springs, where the median household income is $102,531.00.
Housing costs in Saratoga Springs are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Utah.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Saratoga Springs is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Saratoga Springs is a city of professionals, sales and office workers, and managers. There are especially a lot of people living in Saratoga Springs who work in management occupations (14.07%), sales jobs (13.87%), and office and administrative support (11.08%).
Also of interest is that Saratoga Springs has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.92% 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.
Because of many things, Saratoga Springs is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Saratoga Springs really has some of the features that families look for when choosing a good community to raise children. Is Saratoga Springs perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
One downside of living in Saratoga Springs, however, is that residents on average have to contend with a long commute, spending on average 32.38 minutes every day commuting to work.
Saratoga Springs is one of the most well-educated cities in the nation. 48.27% of adults in Saratoga Springs have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Saratoga Springs in 2018 was $27,086, which is middle income relative to Utah and the nation. This equates to an annual income of $108,344 for a family of four. However, Saratoga Springs contains both very wealthy and poor people as well.
Saratoga Springs is a somewhat ethnically-diverse city. The people who call Saratoga Springs home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Saratoga Springs residents report their race to be White, followed by Asian. Important ancestries of people in Saratoga Springs include English, German, Irish, Scottish, and European.
The most common language spoken in Saratoga Springs is English. Other important languages spoken here include Spanish and Chinese.