Wasatch County, Utah: commercial real estate data.
Wasatch County, Utah had an estimated 37,858 residents on July 1, 2024, up 8.8 percent since the 2020 census base of 34,787, across 1,176 square miles. County output reached $1.88 bn in 2024, 1,345 establishments operate here, and the SBA record carries 78 7(a) approvals worth $38.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Wasatch County
How many people live in Wasatch County
- Population, American Community Survey 2020-202436,642
- Households12,880
- Average household size2.84
- Median household income$117,608
- Median age36.8
- Median gross rent$2,000 per month
- Median owner-occupied home value$787,300
- Home value to household income6.7 times
- Annual rent as a share of median income20.4 percent
- Adults 25 and over with a bachelor degree or higher51.3 percent
- Adults 25 and over with a graduate degree18.8 percent
- Adults 25 and over22,837
- Population under 1810,559
- Share under 1828.8 percent
- Population 65 and over4,969
- Share 65 and over13.6 percent
- Working age population, 18 to 6421,114
- Civilian labor force18,956
- Unemployment rate2.0 percent
- Labor force participation, adults 18 and over72.7 percent
- Rank by population among Utah counties12th of 29
- Rank by population among US county-equivalents, Puerto Rico included1301st of 3,222
Wasatch County is the 12th largest of 29 Utah counties by population. A median home costs 6.7 times median household income, which is severely unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 28.8 percent against 13.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Wasatch County
Is Wasatch County's population growing?
- Population, July 1, 202437,858
- Census 2020 base population34,787
- Population change since the 2020 census base8.83 percent
- Population change, 2023 to 2024555
- Births, 2024378
- Deaths, 2024170
- Natural change, 2024208
- Net domestic migration, 2024111
- Net international migration, 2024235
- Total net migration, 2024346
- Cumulative net domestic migration, 2021 to 20241,456
- Rank by growth among US county-equivalents194th of 3,144
The county has grown 8.83 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Wasatch County
Where are people moving to Wasatch County from?
- Tax returns filed by households arriving1,339
- People arriving, from those returns2,715
- Tax returns filed by households leaving1,318
- Net household movement21
- Adjusted gross income arriving$311.7 m
- Net adjusted gross income movement$110.2 m
- Average income of an arriving household$232,818
- Average income of a leaving household$152,888
- Largest single originSummit County (227 households)
- Largest single destinationSalt Lake County (232 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Summit County | 227 | 423 | $43.2 m |
| Salt Lake County | 218 | 420 | $62.0 m |
| Utah County | 148 | 326 | $23.1 m |
| Maricopa County | 33 | 77 | $4.1 m |
| Los Angeles County | 32 | 63 | $12.3 m |
| Davis County | 27 | 54 | $4.9 m |
| Orange County | 26 | 63 | $11.1 m |
| San Diego County | 23 | 46 | $4.7 m |
Households arriving report $79,930 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Summit County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Wasatch County
What is the Wasatch County economy?
- County GDP, 2024$1.88 bn
- County GDP, 2023$1.81 bn
- GDP change, 2023 to 20243.5 percent
- GDP change over five years54.8 percent
- Rank by GDP among the Utah areas BEA publishes12th of 29
- Rank by GDP among the US county areas BEA publishes1339th of 3,127
- GDP per resident$51,184
Output grew 3.5 percent in the latest year and 54.8 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Wasatch County
Employment by industry in Wasatch County
- Covered employment, annual average12,108
- Establishments reporting1,655
- Average annual pay$56,807
- Average weekly wage$1,092
- Construction, employment1,958
- Construction, average annual pay$72,358
- Retail trade, employment1,412
- Retail trade, average annual pay$38,619
- Accommodation and food services, employment1,391
- Accommodation and food services, average annual pay$26,507
- Health care and social assistance, employment1,350
- Health care and social assistance, average annual pay$50,711
- Professional, scientific and technical services, employment756
- Manufacturing, employment640
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Construction | 1,958 | 304 | $72,358 |
| Retail trade | 1,412 | 112 | $38,619 |
| Accommodation and food services | 1,391 | 72 | $26,507 |
| Health care and social assistance | 1,350 | 134 | $50,711 |
| Professional, scientific and technical services | 756 | 308 | $88,604 |
| Manufacturing | 640 | 58 | $68,370 |
| Administrative and support and waste management services | 464 | 126 | $56,942 |
| Arts, entertainment and recreation | 418 | 25 | $32,116 |
Construction is the largest private sector at 1,958 jobs, 16.2 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Wasatch County
How many businesses are in Wasatch County?
- Establishments, all industries1,345
- Employment at those establishments10,384
- Annual payroll$564.5 m
- Establishments per 1,000 residents36.7
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Wasatch County
Building permits in Wasatch County
- Housing units authorized by permit, 2024835
- Declared construction value permitted$568.3 m
- Single family units authorized784
- Multifamily units authorized51
- Multifamily share of units6.1 percent
- Average declared value per unit$680,557
- Units authorized per 1,000 households64.8
Single-family homes are 93.9 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Wasatch County
SBA loans in Wasatch County (7(a) and 504)
- 7(a) approvals recorded78
- 7(a) gross approval dollars$38.5 m
- Average 7(a) approval$493,733
- Median 7(a) approval$200,000
- 10th percentile approval$26,750
- 90th percentile approval$1,317,600
- Largest single approval$3,914,000
- Jobs reported supported, 7(a)880
- Jobs per approval11.3
- Distinct 7(a) lenders active31
- Distinct industries receiving approvals55
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer15.4 percent
- Loans on real estate terms12
- Loans on working capital terms, 120 months or shorter63
- Franchise loans4
- Franchise share of approvals5.1 percent
- Leading industry by approval countFitness and Recreational Sports Centers (4)
- Most active lenderZions Bank, A Division of (16)
- 504 approvals recorded61
- 504 gross approval dollars$43.0 m
- Average 504 approval$704,180
- Median 504 approval$392,000
- Distinct CDCs active3
- 504 jobs per approval7.0
- 504 jobs per million dollars approved10.0
- Most active CDCMountain West Small Business Finance (45)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$81.5 m
The average approval of $493,733 sits well above the median of $200,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 15.4 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Wasatch County
SBA loan default and charge-off rates in Wasatch County
Do SBA loans in Wasatch County get paid back?
- Loans with a final outcome recorded13
- Paid in full13
- Charged off0
- Status: Paid in full13
- Status: Exempt from disclosure48
- Status: Cancelled11
- Status: Committed, not yet disbursed6
Only 13 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wasatch County
SBA lending by place in Wasatch County
- Borrower cities with recorded lending4
- Heber, approvals68
- Midway, approvals7
- Kamas, approvals2
- Park City, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Heber | 68 | $35,663,200 |
| Midway | 7 | $2,054,000 |
| Kamas | 2 | $544,000 |
| Park City | 1 | $250,000 |
Heber accounts for 68 approvals against 7 in Midway. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wasatch County
How large is Wasatch County?
- Land area1,176 sq mi
- Rank by land area among Utah counties21st of 29
- Width, east to west37.9 mi
- Height, north to south54.6 mi
- Geographies sharing a boundary4
- Residents per square mile of land31
- Establishments per square mile1.14
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Wasatch County
Flood risk in Wasatch County
- Participation of the county's own NFIP community Wasatch County, unincorporated areasParticipating, community 490164
- Communities in the county in the NFIP Community Status Book9
- Of those, participating in the NFIP7
- NFIP participation rate77.8 percent
- Communities carrying a CRS class0
- Radon levels in Wasatch County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Wasatch County (community 490164), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Wasatch County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 77.8 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, 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 →
Feasibility studies
When a Wasatch County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Wasatch County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202436,642
- Households12,880
- Average household size2.84
- Median household income$117,608
- Median age36.8
Common questions
Wasatch County questions, answered from the record.
How many people live in Wasatch County, Utah?
The Census Bureau estimates 37,858 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 36,642, in 12,880 households, ranking 12th of 29 Utah counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Wasatch County's population growing?
The population has grown 8.83 percent since the 2020 census base of 34,787, to 37,858 on July 1, 2024. In 2024 there were 378 births against 170 deaths, with net migration of 346. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Wasatch County?
$117,608. The median owner-occupied home is valued at $787,300, which is 6.7 times income, and median gross rent is $2,000 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Wasatch County?
1,345 establishments, employing 10,384 people with an annual payroll of $564.5 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Wasatch County?
Construction is the largest private sector at 1,958 jobs, 16.2 percent of covered employment. Covered employment averages 12,108 jobs at an average annual pay of $56,807, or $1,092 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Wasatch County?
78 7(a) approvals totaling $38.5 m since FY2020, across 31 lenders, with a median approval of $200,000, plus 61 504 approvals worth $43.0 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Wasatch County?
835 housing units were authorized by permit in 2024, with a declared construction value of $568.3 m. Multifamily was 6.1 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Wasatch County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Wasatch County come from?
The largest single origin is Summit County, with 227 households. Arriving households report an average income of $232,818 against $152,888 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Wasatch County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Wasatch County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Wasatch County
Cities and places in Wasatch.
9 Census places lie wholly or partly in Wasatch County. All 9 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Heber | city | 18,015 | 68 | Wholly in this county |
| Midway | city | 6,171 | 7 | Wholly in this county |
| Hideout | town | 1,253 | None recorded | 88.0 percent here, 12.0 percent Summit County |
| Daniel | town | 1,044 | None recorded | Wholly in this county |
| Timber Lakes | CDP | 683 | None recorded | Wholly in this county |
| Charleston | town | 414 | None recorded | Wholly in this county |
| Wallsburg | town | 305 | None recorded | Wholly in this county |
| Interlaken | town | 156 | None recorded | Wholly in this county |
| Independence | town | 79 | None recorded | Wholly in this county |
A further 3 of the county's 78 SBA 7(a) approvals are to borrowers in cities that match no Census place in Wasatch County, the largest being Kamas (2), Park City (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby