Orem, Utah Income Statistics
Orem Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
C
Orem Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Orem | Utah Avg | US Average |
|---|---|---|---|
| Median Household Income | $82,561 | $95,466 | $80,455 |
| Median Personal Income | $51,306 | $60,264 | $60,758 |
| Average Yearly Income Growth | 4.9% | 5.4% | 4.8% |
| Six-Figure Earners | 9.1% | 13.4% | 13.9% |
| $200k+ Households | 10.5% | 13.9% | 13.2% |
The median household income in Orem is about 14% lower than in Utah. Income has been growing slower in Orem (4.9%/yr) than in Utah (5.4%/yr).
About 9% of adults in Orem earn six figures ($100,000 or more) a year, lower than the Utah average of 13%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Orem, Utah grew by 59.9% from 2009 to 2024, reaching $82,561 in 2024. That's an average of about 4.9% per year.
Income Inequality and the Gender Pay Gap in Orem
| Metric | Orem | Utah Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.556 | 0.551 | 0.552 |
| Male Median Income | $63,478 | $72,887 | $69,667 |
| Female Median Income | $45,668 | $53,079 | $56,850 |
| Gender Pay Gap | 28.1% | 27.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Orem, it is 0.556, higher than Utah's 0.551, so income is less evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 39% more than women's income in Orem, Utah. Over a 35-year career, a 39% wage gap accumulates to roughly $623,350 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Orem, Utah has narrowed from about 33% to 28% in 2024. Over that period the gap was narrowest at 24% in 2014. In dollar terms, the gap has widened by $3,708 since 2009.
Employment
| Metric | Orem | Utah Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.9% | 3.5% | 5.2% |
| Working from Home | 16.4% | 17.6% | 15.0% |
| Commute time (minutes) | 16 | 18 | 22 |
Approximately 2,101 people are unemployed in Orem, Utah.
The average commute time in Orem is 16 minutes, shorter than the 18 minutes in Utah.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Orem, Utah has fallen from 5.9% to 3.9% in 2024. Over that period the rate peaked at 7.9% in 2013 and fell as low as 3.4% in 2022.
Orem, UT Wealth Compared With Nearby Cities
Orem, UT is the 2nd largest of the 4 cities compared here, 96,497 residents against a local median of 34,874. The measure that sets Orem, UT apart most is unemployment: 3.9%, 38% above the local median of 2.8%. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $82,561 against a local median of $98,969, 17% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Orem, UT reads weaker than its neighbours on all of them. The cities themselves spread 2.6% on unemployment, so Orem, UT sits at one end of an already wide local range rather than apart from it. Orem, UT has the 3rd lowest unemployment of the 4 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Orem, UT | 96,497 | $82,561 #3/4 | 4.9%/yr #3/4 | 3.9% #3/4 | 0.556 #1/4 |
| Provo, UT | 102,550 | $61,866 | 5.4%/yr | 5.3% | 0.608 |
| Pleasant Grove, UT | 34,874 | $98,969 | 5.8%/yr | 2.7% | 0.561 |
| American Fork, UT | 34,445 | $99,500 | 4.4%/yr | 2.8% | 0.570 |
Conclusion
Considering all these factors, Orem, Utah has an overall wealth index grade of C, making it about on par with Utah, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Orem, Utah.
How Wealthy Is Orem, Utah?
Orem has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $82,561, about 14% lower than the Utah average of $95,466.
How fast is household income rising in Orem, Utah?
Between 2009 and 2024, the median household income in Orem, Utah rose 60%, from $51,631 to $82,561. Over the same years, income here lagged behind Utah as a whole: +60% against +71%.
What was the median household income in Orem in 2023?
In 2023, the median household income in Orem, Utah was $81,171, up 6% from $76,852 in 2022. The Utah median that year was $92,352.
What was the median household income in Orem in 2020?
In 2020, the median household income in Orem, Utah was $65,074. By 2024 it had risen 27% to $82,561.
What is the Gini coefficient in Orem, Utah?
The Gini coefficient in Orem is 0.556. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Orem, Utah?
Since 2009, the income gap between men and women in Orem, Utah has narrowed from about 33% to 28% in 2024. Over that period the gap was narrowest at 24% in 2014. In dollar terms, the gap has widened by $3,708 since 2009.
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