According to statistics, the population in Provo, UT amounts to 116,199, which shows decline 0% compared to the previous year. The median age of the city’s residents is 24. The average household income is $44,312, shifting growth 4% from the past year, and the average property value in Provo, UT growth 6% to $227,400 throughout the year.
|Number Of Employees||60,833|
|Median Property Value||$227,400|
The average household income in Provo, UT grew from $42,600 to $44,312 in the past year. This data is an estimate based upon 32,904 households in Provo, UT . The chart below presents how household income is distributed in Provo, UT in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Provo, UT shifted from $214,800 to $227,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Provo, UT in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Provo, UT properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Provo, UT compared to median property taxes around the country. The prevalent amount of property taxes in Provo, UT equals $1150, which is less than the national average.