Orem, Utah: commercial real estate data.
Orem is a Census city of 97,182 people across 18.62 square miles of land, in Utah County. Median household income is $83,342, 57.8 percent of occupied homes are owned, and the SBA record carries 204 7(a) approvals to borrowers here worth $105.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Orem
What Orem is
- Census place typecity
- Land area18.62 sq mi
- Water area0 sq mi
- Population per square mile of land5,220
- 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.
Orem
How many people live in Orem
- Population97,182
- Median age27.0
- Population under 1825,605
- Share under 1826.3 percent
- Population 65 and over10,071
- Share 65 and over10.4 percent
- Households31,291
- Family households22,602
- Share of households that are families72.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Orem
Income and work in Orem
- Median household income$83,342
- Per capita income$35,876
- Civilian labor force53,561
- Employed51,470
- Unemployed2,091
- Unemployment rate3.9 percent
- Adults 25 and over53,313
- Adults 25 and over with a high school diploma or higher94.3 percent
- Adults 25 and over with a bachelor degree or higher43.6 percent
- Adults 25 and over with a graduate degree13.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Orem
Housing in Orem
- Housing units32,835
- Occupied units31,291
- Vacant units1,544 plus or minus 389
- Vacancy rate4.7 percent plus or minus 1.2
- Owner occupied18,080
- Renter occupied13,211
- Ownership rate57.8 percent
- Median owner-occupied home value$472,300
- Median gross rent, monthly$1,438
- Annual rent as a share of median income20.7 percent
- Single family units20,485
- Share single family62.4 percent
- Units in buildings of two or more11,709
- Share in buildings of two or more35.7 percent
- Mobile homes641 plus or minus 146
- Median year structure built1989
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Orem
How Orem gets to work
- Workers 16 and over who commute42,211
- Commuting under 15 minutes16,812
- Share commuting under 15 minutes39.8 percent
- Commuting 30 minutes or more8,977
- Share commuting 30 minutes or more21.3 percent
- Drove alone66.6 percent
- Carpooled10.9 percent
- Public transport2.3 percent plus or minus 0.6
- Walked2.0 percent plus or minus 0.4
- Worked from home16.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Orem
SBA loans in Orem (7(a))
- Approvals204
- Gross approval$105,703,400
- Average approval$518,154
- Median approval$250,000
- Ninetieth percentile approval$1,170,200
- Largest approval$5,000,000
- Jobs supported2,923
- Jobs per approval14.3
- Loans with a final outcome53
- Paid in full53
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more14.7 percent
- Share to franchises7.4 percent
- Distinct lenders38
- Distinct industries by NAICS110
Counted by borrower city: approvals to borrowers whose address is in Orem, in any county, FY2020 to FY2026.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Orem
SBA loans in Orem (504)
- Approvals195
- Gross approval$136,990,000
- Average approval$702,513
- Median approval$445,000
- Largest approval$4,295,000
- Jobs supported2,685
- Loans with a final outcome69
- Charged off1
- Charge-off rate over resolved loans1.4 percent
- Median term300 months
- Distinct CDCs4
Counted by borrower city: approvals to borrowers whose address is in Orem, in any county, FY2010 to FY2026.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Orem
Flood risk in Orem
- NFIP communityCity of Orem
- NFIP community number490216
- Participating in the NFIPYes
- Community Rating System classClass 7
- Currently effective map date06/23/26
The City of Orem participates in the National Flood Insurance Program as community 490216 and carries Community Rating System class 7, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Utah County, not Orem
Utah County context, not Orem figures
- Establishments in Utah County17,568
- Covered employment, Utah County295,152
- Average annual pay, Utah County$62,648
- Housing units permitted, Utah County6,321
Every figure in this section is published for Utah County as a whole and is not a measurement of Orem.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Orem questions, answered from the record.
How many people live in Orem, Utah?
97,182, in 31,291 households. Orem city covers 18.62 square miles of land, which is 5,220 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Orem 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 Orem?
$83,342. The median owner-occupied home is valued at $472,300. Median gross rent is $1,438 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Orem businesses?
204 7(a) approvals totaling $105.7 m since FY2020, across 38 lenders, median approval $250,000, plus 195 504 approvals worth $137.0 m since FY2010. These count approvals to borrowers whose address is in Orem, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Orem borrowers get paid back?
Of the 53 loans that have reached a final outcome, 53 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Orem in the National Flood Insurance Program?
Yes. Orem appears in the FEMA Community Status Book as Orem, city of, community 490216, carrying Community Rating System class 7, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Orem figures?
No, and they are labeled 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 Orem.
Is zoning published for Orem?
No. Nothing on this page presents parcel level zoning.