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Silver Summit, UT

Full City Profile · Utah · Salt Lake County County

3.5 /5.0
B+ Good
1,574 Population 140/sq mi density
$235,329 Median Income $116,330 per capita
$2,000,001 Home Value $1,565,742 Zillow
$2,697 Median Rent 16.2% income on rent
44°F Avg Temperature 308 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$235,329 median income, 5.1% unemployment
D
Affordability
1.9 / 5.0
$2,000,001 home value, $2,697/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
75.5% bachelor's degree or higher

Silver Summit, UT

At a Glance

Median Income
$235,329
213% above
$116,330 per capita
Home Value
$2,000,001
609% above
Zillow: $1,565,742
Median Rent
$2,697/mo
132% above
16.2% of income on rent
Violent Crime
0/100K
100% below
1,387/100K property
Bachelor's Degree+
75.5%
124% above
99.1% high school+
Unemployment
5.1%
42% above
0.0% poverty rate
Obesity Rate
19.1%
40% below
6.2% smoking rate
Avg Temperature
44°F
308 sunny days/yr

How Silver Summit Compares to the U.S. Average

Each bar shows Silver Summit's value as a percentage of the national average (100% = U.S. avg)

Income
313%
Home Value
709%
Rent
232%
Poverty
0%
Bachelor's
224%
Unemployment
142%
Crime
0%
Thin vertical line = U.S. national average (100%)

Is Silver Summit a Good Place to Live?

B+
3.5 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Silver Summit residents earn a median household income of $235,329 , which is 213% above the national average of $75,149. Per capita income is $116,330. The unemployment rate stands at 5.1% (42% above the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 67,066 business establishments, including 2,569 restaurants.

Housing & Cost of Living

The median home value in Silver Summit is $2,000,001 , 609% above the national median of $281,900. Zillow estimates the typical home at $1,565,742. Median rent is $2,697/month, with 16.2% of renters spending more than 30% of income on housing. The cost of living index is 98.9 (100 = national average). The median home was built in 2001.

Safety & Crime

Silver Summit reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 1,387/100K.

Education

75.5% of adults in Silver Summit hold a bachelor's degree or higher (124% above the national average). 99.1% have completed high school. Local schools score 5.5/10 in standardized testing.

Climate & Weather

Silver Summit has an average annual temperature of 44°F (6°C). Winters average 24°F in January while summers reach 67°F in July. The area gets 308 sunny days per year. Annual precipitation totals 22.4 inches. Air quality is rated Good with a median AQI of 41.

Data Overview

People

Population1,574
Median Age43.3 yrs
Density140/mi²
Male / Female54% / 46%
Foreign Born13.6%
Veterans6.8%

Economy

A+
Median Income$235,329
Per Capita$116,330
Unemployment5.1%
Poverty0.0%
County GDP$153,846M
Avg Weekly Wage$1,490

Housing

D
Home Value$2,000,001
Rent$2,697
Ownership90.4%
Zillow$1,565,742
Housing Units620
Rent Burden16.2%

Crime

C+
Violent0/100K
Property1,387/100K

Health

Obesity19.1%
Diabetes6.9%
Smoking6.2%
Heart Disease4.1%
Premature Death6,733/100K

Climate

Avg Temp44°F
Sunny Days308/yr
Rain22.4 in/yr
AQI41 (Good)
Elevation6,512 ft

Education

A+
Bachelor's+75.5%
High School+99.1%
Graduate+31.5%
School Score5.5/10

Community

2024 VoteR 43% / D 54%
Commute27 min
Broadband98.2%
Internet Speed211 Mbps
EV Stations5
Libraries29

Did You Know?

The median home in Silver Summit was built in 2001.
29.7% work from home.
The nearest airport is Salt Lake City International (24 miles).
The Gini coefficient (income inequality) is 0.430 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
1.4% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 211 Mbps.
There are 2,569 restaurants in the area.
The county recorded 88 fatal vehicle crashes.