Price, UT

Census Place

2024 Population

8,248

US Senator

Mike Lee

Republican Party

US Senator

John Curtis

Republican Party

2024 Median Age

36.7

0.272% 1-year decrease

2024 Poverty Rate

17.7%

5.38% 1-year increase

2024 Median Household Income

$53,203

13.3% 1-year growth

2024 Median Property Value

$225,600

Population & Diversity

Price, UT is home to a population of 8.25k people, from which 99.2% are citizens.

As of 2024, 1.76% of Price, UT residents were born outside of the country (145 people).

In 2024, there were 13.2 times more White (Non-Hispanic) residents (6.34k people) in Price, UT than any other race or ethnicity. There were 479 Two Races Including Other (Hispanic) and 451 White (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.2%

2024 Citizenship

98%

2023 Citizenship

As of 2024, 99.2% of Price, UT residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Price, UT was 98%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Price, UT compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Price, UT

White (Non-Hispanic)
6.34k ± 255
Two Races Including Other (Hispanic)
479 ± 190
White (Hispanic)
451 ± 169

16.8%

Hispanic Population

1.38k people

16.8% of the people in Price, UT are hispanic (1.38k people).

The following chart shows the 8 races represented in Price, UT as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Utah.

Most Common Origin

Mexico
104,058 ± 7,797 people
Venezuela
13,264 ± 2,822 people
Peru
9,271 ± 2,361 people

In 2024, the most common birthplace for the foreign-born residents of Utah was Mexico, the natal country of 104,058 Utah residents, followed by Venezuela with 13,264 and Peru with 9,271.

Foreign-Born Population

1.76%

2024 Foreign-Born Population

145 people

2.85%

2023 Foreign-Born Population

234 people

As of 2024, 1.76% of Price, UT residents (145 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Price, UT was 2.85%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Price, UT compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
143 ± 69
Gulf War (1990s)
51 ± 42
Gulf War (2001-)
44 ± 59

Price, UT has a large population of military personnel who served in Vietnam, 2.8 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Price, UT.

Economy

The economy of Price, UT employs 3.48k people. In 2024, the largest industries in Price, UT were Educational Services (500 people), Manufacturing (497 people), and Retail Trade (443 people), and the highest paying industries were Utilities ($123,287), Transportation & Warehousing, & Utilities ($101,161), and Information ($70,446).

Employment

Occupations

3.48k

2024 Value

± 373

−0.287%

1 Year decline

± 15.3%

From 2023 to 2024, employment in Price, UT declined at a rate of −0.287%, from 3.49k employees to 3.48k employees.

The most common job groups, by number of people living in Price, UT, are Office & Administrative Support Occupations (590 people), Sales & Related Occupations (330 people), and Management Occupations (255 people). This chart illustrates the share breakdown of the primary jobs held by residents of Price, UT.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Utah.

This chart shows weekly unemployment insurance claims in Utah (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

3.48k

2024 Value

± 373

−0.287%

1 Year decline

± 15.3%

From 2023 to 2024, employment in Price, UT declined at a rate of −0.287%, from 3.49k employees to 3.48k employees.

The most common employment sectors for those who live in Price, UT, are Educational Services (500 people), Manufacturing (497 people), and Retail Trade (443 people). This chart shows the share breakdown of the primary industries for residents of Price, UT, though some of these residents may live in Price, UT and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$53,636

Median earning men ± $5,750

$23,715

Median earning women ± $5,548

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($115,167), Public Administration ($92,778), and Agriculture, Forestry, Fishing & Hunting, & Mining ($62,000).

The industries with the best median earnings for women in 2024 are Information ($63,214), Finance & Insurance, & Real Estate & Rental & Leasing ($43,235), and Public Administration ($41,196).

Housing & Living

The median property value in Price, UT was $225,600 in 2024, which is 0.678 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $189,800 to $225,600, a 18.9% increase. The homeownership rate in Price, UT is 61.3%, which is lower than the national average of 65.2%.

People in Price, UT have an average commute time of 15.8 minutes, and they drove alone to work. Car ownership in Price, UT is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$225,600

Median Property Value 2024

±$15,148

$2,013

Median Property Taxes

±$258

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Price, UT the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Price, UT compared to it's parent and neighbor geographies.

Rent vs Own

61.3%

Homeownership

2024

70.5%

Homeowners with Mortgage

2024

In 2024, 61.3% of the housing units in Price, UT were occupied by their owner. This percentage grew from the previous year's rate of 61%.

This chart shows the percentage of owner in Price, UT compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$53,203

Median Household Income

± $6,386

3.28k

Number of Households

± 371

In 2024, the median household income of the 3.28k households in Price, UT grew to $53,203 from the previous year's value of $46,947.

The following chart displays the households in Price, UT distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Price, UT is from Utah.

0.472

2024 Wage GINI in Utah

0.475

2023 Wage GINI in Utah

In 2024, the income inequality in Utah was 0.472 according to the GINI calculation of the wage distribution. Income inequality had a 0.723% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Utah was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Utah in comparison to the national average.

This chart shows the number of workers in Utah across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (76%)
Carpooled (13.4%)
Worked At Home (6.38%)

In 2024, 76% of workers in Price, UT drove alone to work, followed by those who carpooled to work (13.4%) and those who worked at home (6.38%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

15.8 minutes

Average Travel Time

Using averages, employees in Price, UT have a shorter commute time (15.8 minutes) than the normal US worker (26.4 minutes). Additionally, 3.89% of the workforce in Price, UT have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Price, UT compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Price, UT distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Price, UT have 2 cars.

Poverty

Poverty & Diversity

17.7% of the population for whom poverty status is determined in Price, UT (1.41k out of 7.96k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 25 - 34, followed by Males 25 - 34 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in Price, UT is White, followed by Hispanic and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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