Last updated: 2024 BLS data · Page refreshed:
Orem has a population of 97,182 with a median age of 27.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 97,182 |
| Median Age | 27.0 |
| White | 76.1% |
| Black or African American | 0.9% |
| Asian | 2.0% |
| Hispanic or Latino | 19.4% |
| Other / Two or More Races | 1.6% |
The median household income in Orem is $83,342, which is 3.4% above the national median of $80,610. The per capita income is $35,876. The poverty rate is 10.2%.
The unemployment rate in Orem is 3.3%, compared to the national rate of 4.1%.
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In Orem, 94.3% of residents age 25+ have a high school diploma or higher, and 43.6% hold a bachelor's degree or higher (13.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.3% |
| Bachelor's Degree or Higher | 43.6% |
| Graduate or Professional Degree | 13.0% |
The median home value in Orem is $472,300, above the national median of $303,400. The median monthly rent is $1,438. The homeownership rate is 57.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $472,300 |
| Median Monthly Rent | $1,438 |
| Homeownership Rate | 57.8% |
| Vacancy Rate | 4.7% |
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