Interested in purchasing investment houses in the 84058 zip code in Orem, UT?
The zip code 84058 is in Utah county with a latitude of -111.727770000000 and longitude of 40.287260000000, is in the state of Utah. The average asking price of houses and condos is $190,640.00 and the average sale price was $144,000.00. this regions is classified as the Salt Lake City metro area and consists of the following area codes: 385 and 801. The location in degrees is 40° 17' 14.136" N, 111° 43' 39.972" W. The county F.I.P.S. is 49049. This zip code contains three cities including Orem, UT (52.97%), Vineyard, UT (34.19%), and Provo, UT (0.05%) The total land area is 11.9 square miles and the water area is 0.4 square miles. The elevation in this area is 4485 - 4712 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 84058 is in county number 035 and is L. Sector 53, L. Segment 77, H. Sector 77, and H. Segment 77. The population was 41,277 in 2019 and 30,540 in 2010. Of this, the break down in 2019 was 40,441 urban and 835 rural. This further breaks down to 21,129 males (51.2%) and 20,147 females (48.8%). The median age of residents is 25.4 years. The population of the greater Provo-Orem, UT area is 557,878. The population density (people per square mile) is 3,475. This zip code has a combined total of 13,293 houses and condos. There are 6,017 rented appartments. 49% of residents rent versus the 49% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $48,853 and the average salary is $37,365. The median household income of individuals is $55,991.00 and the average is $54,190.00. This zip code has a mean commute time to work of 20.2 minutes. The unemployment rate is 3.0%. Income earners by percent breakdown as 43.20% (Under $50,000), 36.40% ($50,000-$100,000), and 20.40% earn over $100,000. 10.5% of residents live below poverty line versus the 8.9% in the state that are below this line. The cost of living index is 88.6. The educational breakdown is 95.2% have a high school education or higher, 41.8% have a bachelor's degree or higher, and 12.9% have some kind of profesional degree.
This area has 8,997 households and the average size is 3.3 people. Individuals who are single and have never been married are 35.9%, 54.1% are now married, 0.8% are separated, 2.7% are widowed, and 6.5% are divorced. The average yearly contribution amount given by people to charity was $11,723 versus the state average of $8,502. The percent of residents who gave to charity was 27.4%.
The estimated median value of houses and condos is $321,883. The median monthly owner costs of mortgage holders was $1,602, where as the costs for those who don't have a mortgage are $440. The median number of rooms in houses and condos are 8.1 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $1,586. In comparision, the average real estate tax percent rate in the state is 0.6% which equated to an average real estate tax amount payment in the state of $1,900. The median housing property tax percent for residents with mortgages was 0.5% which amounted to an average tax amount of $1,594. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $1,576. Reported taxable interest for persons was $2,703, dividends $7,685, capital gains +$41,044, and itemized deductions $26,285. The average earned income tax credit is $2,184. The percent of individuals that use a tax preparer is 48.1%. The total average income taxes paid by individuals was $6,281. Businesses reported an average profit of $7,736.
Outback Steakhouse
372 E University Pkwy, Orem, UT 84058
Shoga Japanese Restaurant
374 E University Pkwy, Orem, UT 84058
Mimi's Cafe
304 E University Pkwy, Orem, UT 84058
Chili's Grill & Bar
122 E University Pkwy, Orem, UT 84058
Applebee's
290 W University Pkwy, Orem, UT 84058
Golden Corral Restaurants
225 W University Pkwy, Orem, UT 84058
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