Pros and Cons of Living In Park City, Utah. Is Park City, UT a Nice Place To Live or Retire?

Park City, Utah

Moving to Park City In Utah ? Is Park City, UT a Nice Place To Live? Pros and Cons of Living in Park City, Utah. Find out the best and worst about to live, raise a family or retire in Park City.

DEMOGRAPHICS

Population
8467
Unemployment
1.6%
66% NAT AVG.
Poverty
8%
43% NAT AVG.
Cost Of Living
184
84% NAT AVG.

ECONOMICS

Median Home Cost
$1096400
377% NAT AVG.
Median Income
$114798
70% NAT AVG.
Median Rent
$1681
45% NAT AVG.
Overall Score
8

CRIME REPORT

Total Crime
272
34% NAT. AVG.
16% STATE AVG.
Violent Crime
26
22% NAT. AVG.
16% STATE AVG.
Property Crime
246
46% NAT. AVG.
16% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 13
Unemployed People
1 in 63
People Earning < $10,000
1 in 21
People Earning < $50,000
22.8%
People With Any Degree
1 in 1.6

ETHNICITY

Ethnicity Park City USA
White 76.5% 60.1%
African American 0.9% 12.2%
American Indian 0.3% 0.6%
Asian 4.4% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.6% 2.8%
Hispanic 16.3% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Park City USA
Less than $10,000 4.8% 5.8%
$10,000 to $14,999 3.8% 4.1%
$15,000 to $24,999 3.9% 8.5%
$25,000 to $34,999 3.7% 8.6%
$35,000 to $49,999 6.6% 12.0%
$50,000 to $74,999 12.2% 17.2%
$75,000 to $99,999 7.5% 12.8%
$100,000 to $149,999 18.4% 15.6%
$150,000 to $199,999 9.8% 7.1%

EDUCATION

Education Park City USA
< 9th Grade 3% 5.0%
9-12th Grade 1% 7.0%
High School or GED 15% 27.0%
Other College 17% 20.0%
Associate's Degree 2% 9%
Bachelor's Degree 41% 20.0%
Master's Degree 13% 9.0%
Professional Degree 6% 2.0%
Doctorate Degree 2% 1.0%
Park City is a city in Utah state in USA with a population of 8467 residents.. The poverty rate of Park City is 8%, which is 43% lower than national average. The typical household in Park City earns $114798 a year, compared to the national median of $67,500. Nearly 22.8% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Park City remained 1.6%, which is 66% lower than national rate.

Cost of living in Park City is 184, which is 84% higher than national average. In Park City, only 62% of adults have a bachelor's degree and 19% have some college but no degree. Median home value in Park City is $1096400 , which is 377% higher than national average. While median income in Park City remained $114798, which is 70% 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.
Park City Scorecard

Jobs95%

Housing95%

Affordability60%

Safety50%

Amenities60%

Diversity80%

Education90%

THANKS FOR READING

Read this story and other stories in details on our Website.