At a Glance
Median Income
$235,329
$116,330 per capita
Home Value
$2,000,001
Zillow: $1,565,742
Median Rent
$2,697/mo
16.2% of income on rent
Bachelor's Degree+
75.5%
99.1% high school+
Unemployment
8.4%
0.0% poverty rate
Obesity Rate
19.1%
6.2% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Silver Summit a Good Place to Live?
B+
3.6 / 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 8.4% (133% 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.
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 45°F (7°C).
Winters average 24°F in January while summers reach 68°F in July. Annual precipitation totals 21.7 inches. Air quality is rated Moderate with a median AQI of 54.
Data Overview
People
Population1,574
Median Age43.3 yrs
Density140/mi²
Male / Female54% / 46%
Foreign Born3.0%
Veterans6.8%
Economy
A
Median Income$235,329
Per Capita$116,330
Unemployment8.4%
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%
Health
Obesity19.1%
Diabetes6.9%
Smoking6.2%
Heart Disease4.1%
Premature Death6,733/100K
Climate
Avg Temp45°F
Rain21.7 in/yr
AQI54 (Moderate)
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.
Average internet download speed is 211 Mbps.
There are 2,569 restaurants in the area.
The county recorded 88 fatal vehicle crashes.