Park City is now the second richest small urban area in the country, with an average income of $ 27,000 more than in Salt Lake City


Park City was once famous for the rich veins of silver from its long-lost mines. From now on, it is the inhabitants attracted by its ski slopes who are enriching themselves.

US Census Bureau data released Thursday shows Park City is the second richest “micropolitan area” in the country, a designation for urban places with a population of 10,000 to 50,000.

The median household income for the Park City statistical area, which covers all of Summit County, is $ 91,470.

The only other richer micropolitan area is Los Alamos, New Mexico, which may be home to the the most millionaires in the country per capita, which also attracts many doctors and engineers to a national laboratory there. Her median household income is $ 105,902.

Just behind Park City is Williston, ND, who saw an oil boom goes bankrupt over the five-year period, with a median income of $ 90,080; Juneau, the capital of Alaska, $ 87,822; and Gillette, Wyo., home of oil, gas and coal development, at $ 80,822.

This is according to data collected between 2012 and 2016 by the American Community Survey of the Census Bureau. Combining five-year data allows him to better estimate a variety of statistics for smaller regions.

Why is the Park City area so relatively wealthy?

“A lot of people discovered Park City and came here to recreate themselves,” said Chris Robinson, Chairman of Summit County Council. A lot of the rich “love him so much that they decide to stay.”

FILE – In this file photo from Nov. 23, 2013, skiers from Park City Mountain Resort stand on top of a hill in Park City, Utah. Vail Resorts Inc. announces plans to build a high-speed gondola this summer that would connect its newly acquired Utah ski resort with one it owns to create what the company says is the largest ski area in the states -United. Vail announced the lift plans on Monday, December 8, 2014, as part of $ 50 million investments at Park City Mountain Resort and Canyons Resort. (AP Photo / Rick Bowmer, file)

He adds: “We have a very good quality of life here and a beautiful setting. We have a very strong economy in resort equipment. There is plenty to do if you want to recreate yourself in both summer and winter. There is a lot of demand for our real estate and people all over the world want to buy some of it. “

However, “not everyone has this kind of income. I certainly don’t, ”says Robinson, adding that the eastern half of the county with its ranches and farms is much less wealthy.

Still, Park City and the surrounding county enjoy a median household income that is 46% higher than the Utah state median of $ 62,518.

Park City’s median is even $ 20,000 more than Utah’s second highest: the Heber City micropolitan area at $ 71,337.

Average incomes in the other microregions and metropolitan areas of Utah over the five-year period were as follows: Vernal, $ 67,943; Ogden-Clearfield, $ 65,687; Salt Lake City, $ 64,564; Provo-Orem, $ 63,994; Saint-Georges, $ 52,865; Logan, $ 51,935; Price, $ 47,973; and Cedar City, $ 43,799.

Pam Perlich, director of demography at the Kem C. Gardner Policy Institute at the University of Utah, half-jokingly adds that one of the reasons the wealthy can be drawn to Park City “is its clean air.” above the inversions which sometimes trap pollution in the valleys below.

Francisco Kjolseth | The Salt Lake Tribune Air quality continues to deteriorate as inversion conditions trap cold air in the Salt Lake and Utah County valleys on Friday February 12, 2016, as seen from the Suncrest development above Draper.

She notes that traveling that clean air often to the valleys may be one of the reasons new data also shows the Park City area has the longest average commute in the state: 24.4 minutes.

In comparison, daily trips in other parts of the state are: metro Salt Lake City, 22.5 minutes; Eber, 23.9 minutes; Ogden-Clearfield, 22.5; and Provo-Orem, 21.4. The shortest town among urban areas in the state is 17.3 minutes, at Cedar City and Price.

All of these trips are shorter than the national average of 26.1 minutes.

Perlich said the new data also reveals an intriguing trend: Utah’s household size is increasing as its birth rate has declined for nine consecutive years – which would normally lead demographers to expect households. smaller.

She says this may indicate that housing in urban centers near jobs is so expensive that families are banding together to save. She said this has also been seen in Salt Lake City’s recent decision to expand the areas where it allows “mother-in-law” apartments, and in its efforts to attract more affordable housing.

“The demand is there,” she said. “We have the largest homes in the country. The average household size increased to 3.16 in 2012-2016, compared to 3.06 in 2007-2011.

Those looking for cheap rent may want to visit the remote little county of Daggett. The Census Bureau said it had the largest drop in rent rates in the country among counties with less than 20,000 residents.

He said the average rent there fell from $ 878 in 2007-2011 to $ 338 in 2012-2016.


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