Elk Ridge, UT

Full City Profile · Utah · Utah County County

4.5 /5.0
A+ Excellent
4,782 Population 1,638/sq mi density
$138,587 Median Income $38,075 per capita
$565,200 Home Value $695,013 Zillow
53°F Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A+
Economy
4.7 / 5.0
$138,587 median income, 4.0% unemployment
A
Affordability
4.4 / 5.0
$565,200 home value, /mo rent
A
Education
4.4 / 5.0
41.9% bachelor's degree or higher

Income Overview

Median Household Income
$138,587
84% above
US avg: $75,149
Per Capita Income
$38,075
3% below
US avg: $39,052
Unemployment Rate
4.0%
11% above
US avg: 3.6%
Poverty Rate
2.9%
77% below
US avg: 12.4%

Income Comparison: Elk Ridge vs. U.S. Average

Each bar shows Elk Ridge’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$138,587
184%
Per Capita
US: $39,052
$38,075
97%
IRS Avg AGI
US: $72,000
$93,254
130%
Avg Weekly Wage
US: $1,432
$1,205
84%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,205
16% below US avg ($1,432)
Mean Commute Time
29 min
5% above US avg (28 min)
Work From Home
18.3%
20% above US avg (15.2%)
Drive Alone
71.2%
3% below US avg (73.2%)
Public Transit
0.5%
90% below US avg (5.0%)
County GDP
$47,943M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 71.2%
Public Transit 0.5%
Work From Home 18.3%
Other 10%
Average commute time
29 minutes
US avg: 28 min

Business Landscape

Total Establishments
22,527
Restaurants
1,053
Healthcare
1,855
Retail
2,077
Manufacturing
656

Tax & Financial

IRS Avg Adjusted Gross Income
$93,254
30% above US avg ($72,000)
Avg Property Tax
$3,735
7% above US avg ($3,500)
Cost of Living Index
98.9
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$138,587
Per Capita Income$38,075
IRS Avg Adjusted Gross Income$93,254
Avg Weekly Wage$1,205
County GDP$47,943M

Hardship Indicators

Unemployment Rate4.0%
Poverty Rate2.9%
Gini Coefficient0.421
Cost of Living Index98.9

Commute

Mean Commute29 minutes
Drive Alone71.2%
Public Transit0.5%
Work From Home18.3%

Businesses

Total Establishments22,527
Restaurants1,053
Healthcare1,855
Retail2,077
Manufacturing656

Tax

IRS Avg AGI$93,254
Avg Property Tax$3,735