Is Summit Park, Utah a Good Place To Live? - Living In Summit Park, UT

Is Summit Park, Utah a good place to live?
Summit Park is a city in Utah state in USA with a population of 8177 residents.. The poverty rate of Summit Park is 3.9%, which is 72% lower than national average. The typical household in Summit Park earns $139053 a year, compared to the national median of $67,500. Nearly 13.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Summit Park, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Summit Park remained 4.6%, which is 2% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Summit Park, only 70% of adults have a bachelor's degree and 16% have some college but no degree.

Cost of living in Summit Park is 156, which is 56% higher than national average. Median home value in Summit Park is $766300 , which is 233% higher than national average. While median income in Summit Park remained $139053, which is 106% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
8177
Unemployment
4.6%
2% NAT AVG.
Poverty
3.9%
72% NAT AVG.
Overall Score
7
Median Home Cost
$766300
233% NAT AVG.
Median Income
$139053
106% NAT AVG.
Median Rent
$1576
36% NAT AVG.
Cost Of Living
156
56% NAT AVG.
People Living BPL
1 in 26
Unemployed People
1 in 22
People Earning < $10,000
1 in 31
People Earning < $50,000
13.9%
People with <= High School
1 in 7.1
People With Any Degree
1 in 1.4
Pros & Cons Overview

Jobs85%

Housing95%

Affordability70%

Safety60%

Amenities60%

Diversity70%

Education90%

Commute80%