Everything You Need to Know About the City of Provo Utah

In 2017, Provo, UT had a population of 116k people with a median age of 23.7 and a median household income of $44,312 dollars. Between 2016 and 2017 the population of Provo, UT grew from 115,718 to 116,199, a 0.416 percent increase, and its median household income grew from $42,600 dollars to $44,312 dollars, a 4.02 percent increase.

The population of Provo, UT is 75.9 percent White Alone, 16.3 percent Hispanic or Latino, and 3.09% Two or More Races. N/A% of the people in Provo, UT speak a non-English language, and 92.4 percent are U.S. citizens.

The largest universities in Provo, UT are Brigham Young University-Provo (7,575 degrees awarded in 2017), Rocky Mountain University of Health Professions (174 degrees), and Provo College (141 degrees).

The median property value in Provo, UT is $227,400 dollars, and the homeownership rate is 40.8 percent. Most people in Provo, UT commute by Drove Alone, and the average commute time is 16.9 minutes. The average car ownership in Provo, UT is 2 cars per household.

 

Education in Provo

In 2017, universities in Provo, UT awarded 8,168 degrees. The student of Provo, UT is skewed towards men, with 18,395 males and 17,582 females.

Most students graduating from Universities in Provo, UT are White (6,803 and 86.4 percent), followed by Hispanic or Latino (461 and 5.86 percent), Two or More Races (246 and 3.13 percent), and Asian (143 and 1.82 percent).

The largest universities in Provo, UT by the number of degrees awarded are Brigham Young University-Provo (7,575 and 92.7 percent), Rocky Mountain University of Health Professions (174 and 2.13 percent), and Provo College (141 and 1.73 percent).

The most popular majors in Provo, UT are Accounting (300 and 3.67 percent), General Business Administration & Management (265 and 3.24 percent), and Exercise Physiology (258 and 3.16 percent).

The median tuition costs in Provo, UT is $5,460 dollars for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Provo

The economy of Provo, Utah employs 60.8k people and Provo has an unemployment rate of 2.6 percent. Provo has seen the job market increase by 2.6 percent over the last year. Future job growth over the next ten years is predicted to be 48.5 percent, which is higher than the US average of 33.5 percent. The largest industries in Provo, UT are Educational Services (14,618 people), Health Care & Social Assistance (6,073 people), and Retail Trade (7,060 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($44,792 dollars), Public Administration ($38,690 dollars), and Construction ($32,131 dollars).

Households in Provo, UT have a median annual income of $44,312 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $42,600 dollars in 2016, which represents a 4.02 percent annual growth.

 

Tax Rates for Provo

– The Sales Tax Rate for Provo is 6.9 percent.

– The Income Tax Rate for Provo is 5.0 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Provo

– The average earnings of a Provo resident are $17,539 dollars a year.

– The Median household earnings of a Provo resident is $40,359 dollars a year.