Silver Summit, Utah Income

Silver Summit, Utah has a population of 1,711, with a median household income of $138,218.

Current income data for Silver Summit.

1,711

👥

Population

1,711

💰

Median Income

$138,218

📉

Unemployment

1.90%

🏠

Housing Price

$1,182,400

🚨

Crime Rate

4.90

🌐

Internet Speed

356.20 Mbps

Silver Summit is a small local community located in Utah. The city has a population that is below the average city population in Utah, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Utah, Silver Summit provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Silver Summit has a population of 1,711, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Silver Summit is $138,218, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Silver Summit average around $1,182,400, which is relatively high compared to other cities in Utah.

Employment and Safety

The unemployment rate in Silver Summit is 1.90%, which is lower than the state average, indicating a relatively strong job market. Silver Summit has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Utah, Silver Summit shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Silver Summit offers a balanced mix of economic conditions, population trends, and housing opportunities within Utah.

Frequently Asked Questions about Silver Summit

What is the population of Silver Summit?

The population of Silver Summit is approximately 1,711.

Is Silver Summit a good place to live?

Silver Summit offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Silver Summit?

The median household income in Silver Summit is around $138,218.

How expensive is housing in Silver Summit?

The average housing price in Silver Summit is approximately $1,182,400.