Orem has a population of 97,100 with a median age of 26.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 97,100 |
| Median Age | 26.8 |
| White | 83.1% |
| Black or African American | 0.7% |
| Asian | 1.4% |
| Hispanic or Latino | 17.6% |
The median household income in Orem is $77,568, which is 3.2% above the national median of $75,149. The per capita income is $32,143. The poverty rate is 9.8%.
The unemployment rate in Orem is 3.4%, compared to the national rate of 5.4%.
In Orem, 93.9% of residents age 25+ have a high school diploma or higher, and 42.2% hold a bachelor's degree or higher (13.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.9% |
| Bachelor's Degree or Higher | 42.2% |
| Graduate or Professional Degree | 13.2% |
The median home value in Orem is $392,900, above the national median of $281,900. The median monthly rent is $1,290. The homeownership rate is 59.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $392,900 |
| Median Monthly Rent | $1,290 |
| Homeownership Rate | 59.9% |
| Vacancy Rate | 5.4% |
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