Orem is a small U.S. city in northern Utah. With around 97,000 residents, it’s the fifth-largest city in Utah. It’s also been rated as one of the healthiest places in the U.S., as well as one of the most convenient places to raise a family.
Orem has a fair number of elementary schools as well as high schools, and it’s also home to a public university—Utah Valley University, which is one of the largest in the state. This university is also one of the top employers in Utah. Alpine School District, Convergys, Walmart, and US Synthetic are some of the companies that have hired many people in Utah.
The median resident age in Orem is around 26 years old—younger than other cities in Utah. The median income per capita has been estimated at around $23,000, while the median income for a household is around $58,077. An average home can cost around $229,800, and 59% of the residents of Orem are homeowners.
The cost of living is slightly lower than the U.S. average, and utilities are more affordable than in other parts of Utah or the U.S., while other expenses are similar. Transportation is 2% more expensive than the national average. However, households in Orem have 2 cars on average.
If you are a resident of Orem, Utah in need of a financial boost, Orem quick cash loans may be the right solution.