HomeUtahUtah CountyOrem city
Orem city, Utah: commercial real estate data.
Orem city 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.
78 sourced place values · tier FULL · 8 sections · 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$1,175,000
- 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
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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Utah County, not Orem
Utah County context, not Orem 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 Orem 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 Orem. 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.
- 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
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 totalling $105.7 m, across 38 lenders, median approval $250,000, plus 195 504 approvals worth $137.0 m. 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.
Are the county figures on this page Orem 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 Orem.
Is zoning published for Orem?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.