Timber Lakes, UT

Census Place

2024 Population

683

US Senator

Mike Lee

Republican Party

US Senator

John Curtis

Republican Party

2024 Median Age

58.1% 1-year increase

2024 Poverty Rate

13.5%

137% 1-year increase

2023 Median Household Income

$49,435

6.84% 1-year growth

2023 Median Property Value

$515,400

Economy

The economy of Timber Lakes, UT employs 323 people. In 2024, the largest industries in Timber Lakes, UT were Agriculture, Forestry, Fishing & Hunting (100 people), Manufacturing (59 people), and Other Services, Except Public Administration (52 people), and the highest paying industries were Finance & Insurance, & Real Estate & Rental & Leasing ($38,804) and Real Estate & Rental & Leasing ($38,804).

Employment

Occupations

323

2024 Value

± 191

−12.5%

1 Year decline

± 91.9%

From 2023 to 2024, employment in Timber Lakes, UT declined at a rate of −12.5%, from 369 employees to 323 employees.

The most common job groups, by number of people living in Timber Lakes, UT, are Management Occupations (211 people), Sales & Related Occupations (82 people), and Community & Social Service Occupations (15 people). This chart illustrates the share breakdown of the primary jobs held by residents of Timber Lakes, 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

323

2024 Value

± 191

−12.5%

1 Year decline

± 91.9%

From 2023 to 2024, employment in Timber Lakes, UT declined at a rate of −12.5%, from 369 employees to 323 employees.

The most common employment sectors for those who live in Timber Lakes, UT, are Agriculture, Forestry, Fishing & Hunting (100 people), Manufacturing (59 people), and Other Services, Except Public Administration (52 people). This chart shows the share breakdown of the primary industries for residents of Timber Lakes, UT, though some of these residents may live in Timber Lakes, UT and work somewhere else. Census data is tagged to a residential address, not a work address.

Housing & Living

The median property value in Timber Lakes, UT was $515,400 in 2023, which is 1.55 times larger than the national average of $332,700. Between 2022 and 2023 the median property value increased from $501,500 to $515,400, a 2.77% increase. The homeownership rate in Timber Lakes, UT is 94.2%, which is higher than the national average of 65.2%.

People in Timber Lakes, UT have an average commute time of 15 minutes, and they drove alone to work. Car ownership in Timber Lakes, UT is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$515,400

Median Property Value 2023

±$292,974

$291

Median Property Taxes

±$188

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 Timber Lakes, UT the largest share of households pay taxes in the $3k+ range.

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

Rent vs Own

94.2%

Homeownership

2024

100%

Homeowners with Mortgage

2024

In 2024, 94.2% of the housing units in Timber Lakes, UT were occupied by their owner. This percentage declined from the previous year's rate of 100%.

This chart shows the percentage of owner in Timber Lakes, 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.

$49,435

Median Household Income

± $43,242

309

Number of Households

± 189

In 2023, the median household income of the 309 households in Timber Lakes, UT grew to $49,435 from the previous year's value of $46,268.

The following chart displays the households in Timber Lakes, 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 $200k+ range.

Wage Distribution

The closest comparable wage GINI for Timber Lakes, 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 (37.8%)
Worked At Home (34.4%)
Other (16.1%)

In 2024, 37.8% of workers in Timber Lakes, UT drove alone to work, followed by those who worked at home (34.4%) and those who used some unspecified means to get work (16.1%).

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 minutes

Average Travel Time

Using averages, employees in Timber Lakes, UT have a shorter commute time (15 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Timber Lakes, UT have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

13.5% of the population for whom poverty status is determined in Timber Lakes, UT (92 out of 683 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 Males 55 - 64, followed by Males 45 - 54 and then Females 45 - 54.

The most common racial or ethnic group living below the poverty line in Timber Lakes, UT is White, followed by Black and Native American.

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.

Keep Exploring