HomeUtahUtah CountyElk Ridge city
Elk Ridge city, Utah: commercial real estate data.
Elk Ridge city is a Census city of 4,898 people across 2.92 square miles of land, in Utah County. Median household income is $143,167, 98.7 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $604,400.
74 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Elk Ridge
What Elk Ridge is
- Census place typecity
- Land area2.92 sq mi
- Water area0 sq mi
- Population per square mile of land1,675
- County holding the largest share of its areaUtah County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elk Ridge
How many people live in Elk Ridge
- Population4,898
- Median age32.0
- Population under 181,885
- Share under 1838.5 percent
- Population 65 and over535 plus or minus 123
- Share 65 and over10.9 percent plus or minus 2.5
- Households1,324
- Family households1,280
- Share of households that are families96.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elk Ridge
Income and work in Elk Ridge
- Median household income$143,167
- Per capita income$37,885
- Civilian labor force2,095
- Employed2,010
- Unemployed85 plus or minus 68
- Unemployment rate4.1 percent plus or minus 3.2
- Adults 25 and over2,759
- Adults 25 and over with a high school diploma or higher98.2 percent
- Adults 25 and over with a bachelor degree or higher38.7 percent
- Adults 25 and over with a graduate degree12.9 percent plus or minus 3.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elk Ridge
Housing in Elk Ridge
- Housing units1,359
- Occupied units1,324
- Vacant units35 plus or minus 31
- Vacancy rate2.6 percent plus or minus 2.3
- Owner occupied1,307
- Renter occupied17 plus or minus 25
- Ownership rate98.7 percent
- Median owner-occupied home value$614,800
- Single family units1,359
- Share single family100.0 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes0
- Median year structure built2012
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elk Ridge
How Elk Ridge gets to work
- Workers 16 and over who commute1,541
- Commuting under 15 minutes302 plus or minus 108
- Share commuting under 15 minutes19.6 percent plus or minus 6.6
- Commuting 30 minutes or more696 plus or minus 170
- Share commuting 30 minutes or more45.2 percent plus or minus 9.6
- Drove alone68.4 percent
- Carpooled6.6 percent plus or minus 3.1
- Public transport0.3 percent plus or minus 0.4
- Walked0.4 percent plus or minus 0.5
- Worked from home22.2 percent plus or minus 6.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elk Ridge
SBA loans in Elk Ridge (7(a))
- Approvals5
- Gross approval$604,400
- Average approval$120,880
- Median approval$53,300
- Ninetieth percentile approval$300,000
- Largest approval$300,000
- Jobs supported60
- Jobs per approval12.0
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
A charge-off rate is not published here. only 3 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Elk Ridge
SBA loans in Elk Ridge (504)
- Approvals2
- Gross approval$515,000
- Average approval$257,500
- Median approval$400,000
- Largest approval$400,000
- Jobs supported29
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Utah County, not Elk Ridge
Utah County context, not Elk Ridge figures
These are Utah County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Elk Ridge measurements.
- Establishments in Utah County17,568
- Employment at those establishments, Utah County274,566
- Covered employment, Utah County295,152
- Average annual pay, Utah County$62,648
- Average weekly wage, Utah County$1,205
- Housing units permitted, Utah County6,321
- Of those, single family, Utah County5,174
- County product, 2024, Utah County$47,943,081,000
- County product change over the prior year, Utah County9.3 percent
- Average income of an arriving household, Utah County$88,791
Every figure in this section is published for Utah County as a whole and is not a measurement of Elk Ridge. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- No median gross rent is published for this place.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Elk Ridge questions, answered from the record.
How many people live in Elk Ridge, Utah?
4,898, in 1,324 households. Elk Ridge city covers 2.92 square miles of land, which is 1,675 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Elk Ridge in?
Utah County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Elk Ridge?
$143,167. The median owner-occupied home is valued at $614,800. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Elk Ridge businesses?
5 7(a) approvals totalling $604,400, across 3 lenders, median approval $53,300, plus 2 504 approvals worth $515,000. These count approvals to borrowers whose address is in Elk Ridge, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Elk Ridge borrowers get paid back?
No rate is published for Elk Ridge. only 3 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Elk Ridge figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Utah County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Elk Ridge.
Is zoning published for Elk Ridge?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.