Iron County, Utah: commercial real estate data.
Iron County, Utah has a population of 62,252 across 3,297 square miles, up 15.1 percent since the 2020 census base. County output reached $3.19 bn in 2024, 1,935 establishments operate here, and the SBA record carries 156 7(a) approvals worth $56.6 m.
122 sourced county values · tier FULL · 11 sections
Iron County
How many people live in Iron County
- Population62,252
- Households20,157
- Average household size3.09
- Median household income$66,247
- Median age30.2
- Median gross rent$1,065 per month
- Median owner-occupied home value$379,000
- Home value to household income5.7 times
- Annual rent as a share of median income19.3 percent
- Adults 25 and over with a bachelor degree or higher31.6 percent
- Adults 25 and over with a graduate degree10.8 percent
- Adults 25 and over35,634
- Population under 1816,889
- Share under 1827.1 percent
- Population 65 and over8,595
- Share 65 and over13.8 percent
- Working age population, 18 to 6436,768
- Civilian labor force30,239
- Unemployment rate3.9 percent
- Labor force participation, adults 18 and over66.7 percent
- Rank by population among Utah counties8th of 29
- Rank by population among US county-equivalents872nd
Iron County is the 8th largest of 29 Utah counties by population. A median home costs 5.7 times median household income, which is a stretched ownership market and usually shows up as rental demand. Residents under 18 outnumber those 65 and over, at 27.1 percent against 13.8 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Iron County
Is Iron County growing
- Population change since the 2020 census base15.11 percent
- Census 2020 base population57,281
- Births, 2024869
- Deaths, 2024392
- Natural change, 2024477
- Net domestic migration, 2024616
- Net international migration, 2024348
- Total net migration, 2024964
- Cumulative net domestic migration, 2021 to 20245,752
- Rank by growth among US county-equivalents58th
The county has grown 15.11 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Iron County
Where people moving to Iron County come from
- Tax returns filed by households arriving2,189
- People arriving, from those returns4,379
- Adjusted gross income arriving$146.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$67,125
- Largest single originIron County Non-migrants (18,453 households)
- Largest single destination (18,453 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Iron County Non-migrants | 18,453 | 43,793 | $1.32 bn |
| Other flows - Different State | 719 | 1,399 | $51.9 m |
| Other flows - West | 395 | 787 | $30.3 m |
| Washington County | 335 | 695 | $15.6 m |
| Clark County | 214 | 423 | $23.8 m |
| Other flows - South | 180 | 353 | $11.6 m |
| Salt Lake County | 137 | 255 | $6.2 m |
| Utah County | 132 | 301 | $6.2 m |
The largest single source of arrivals is Iron County Non-migrants, 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.
Iron County
What the Iron County economy runs on
- County GDP, 2024$3.19 bn
- County GDP, 2023$3.09 bn
- GDP change, 2023 to 20243.4 percent
- GDP change over five years53.5 percent
- Rank by GDP among Utah counties10th
- Rank by GDP among US county-equivalents934th
- GDP per resident$51,297
Output grew 3.4 percent in the latest year and 53.5 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.
Iron County
Who employs people in Iron County
- Covered employment, annual average24,829
- Establishments reporting2,224
- Average annual pay$48,239
- Average weekly wage$928
- Sector 44-45, employment2,915
- Sector 44-45, average annual pay$33,676
- Sector 72, employment2,868
- Sector 72, average annual pay$19,048
- Sector 62, employment2,792
- Sector 62, average annual pay$44,392
- Sector 31-33, employment2,523
- Sector 31-33, average annual pay$61,633
- Sector 23, employment2,522
- Sector 56, employment1,048
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 2,915 | 201 | $33,676 |
| Sector 72 | 2,868 | 164 | $19,048 |
| Sector 62 | 2,792 | 236 | $44,392 |
| Sector 31-33 | 2,523 | 109 | $61,633 |
| Sector 23 | 2,522 | 397 | $54,939 |
| Sector 56 | 1,048 | 132 | $35,678 |
| Sector 52 | 793 | 89 | $80,025 |
| Sector 54 | 791 | 240 | $57,284 |
The largest sector is the biggest private employer group at 2,915 jobs, 11.7 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Iron County
What businesses operate in Iron County
- Establishments, all industries1,935
- Employment at those establishments18,547
- Annual payroll$792.5 m
- Establishments per 1,000 residents31.1
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Iron County
What is being built in Iron County
- Housing units authorised by permit, 2024655
- Declared construction value permitted$202.5 m
- Single family units authorised655
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$309,220
- Units authorised per 1,000 households32.5
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Iron County
How much SBA lending happens in Iron County
- 7(a) approvals recorded156
- 7(a) gross approval dollars$56.6 m
- Average 7(a) approval$362,699
- Median 7(a) approval$150,000
- 10th percentile approval$21,600
- 90th percentile approval$856,000
- Largest single approval$4,500,000
- Jobs reported supported, 7(a)1,611
- Jobs per approval10.3
- Distinct 7(a) lenders active26
- Distinct industries receiving approvals94
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer14.7 percent
- Loans on real estate terms23
- Loans on working capital terms, 120 months or shorter121
- Franchise loans10
- Franchise share of approvals6.4 percent
- Leading industry by approval countLandscaping Services (8)
- Most active lenderState Bank of Southern Utah (67)
- 504 approvals recorded71
- 504 gross approval dollars$57.8 m
- Average 504 approval$814,775
- Median 504 approval$423,000
- Distinct CDCs active3
- 504 jobs per approval8.8
- 504 jobs per million dollars approved10.8
- Most active CDCMountain West Small Business Finance (49)
- 7(a) share of SBA approvals68.7 percent
- Combined SBA approval dollars$114.4 m
The average approval of $362,699 sits well above the median of $150,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 14.7 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.
Iron County
Do SBA loans in Iron County get paid back
- Loans with a final outcome recorded45
- Paid in full43
- Charged off2
- Charge off rate on resolved loans4.4 percent
- Status: Paid in full43
- Status: Exempt from disclosure100
- Status: Cancelled11
- Status: Charged off2
Of the 45 loans that have reached a final outcome, 4.4 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Iron County
Which parts of Iron County get the lending
- Places in the county with recorded lending8
- Cedar City, approvals134
- Enoch, approvals8
- PAROWAN, approvals7
- BERYL, approvals3
- Draper, approvals1
- NEWCASTLE, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Cedar City | 134 | $47,708,400 |
| Enoch | 8 | $3,949,100 |
| PAROWAN | 7 | $2,445,900 |
| BERYL | 3 | $2,110,500 |
| Draper | 1 | $144,000 |
| NEWCASTLE | 1 | $63,100 |
| KANARRAVILLE | 1 | $110,000 |
| PARAGONAH | 1 | $50,000 |
Cedar City accounts for 134 approvals against 8 in Enoch. 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.
Iron County
How big is Iron County
- Land area3,297 sq mi
- Rank by land area among Utah counties11th of 29
- Width, east to west86.7 mi
- Height, north to south46.6 mi
- Geographies sharing a boundary4
- Residents per square mile of land19
- Establishments per square mile0.59
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.
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.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Iron 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 Iron County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population62,252
- Households20,157
- Average household size3.09
- Median household income$66,247
- Median age30.2
Common questions
Iron County questions, answered from the record.
How many people live in Iron County, Utah?
62,252, in 20,157 households, ranking 8th of 29 Utah counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Iron County growing?
The population has grown 15.11 percent since the 2020 census base. In 2024 there were 869 births against 392 deaths, with net migration of 964. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Iron County?
$66,247. The median owner-occupied home is valued at $379,000, which is 5.7 times income, and median gross rent is $1,065 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Iron County?
1,935 establishments, employing 18,547 people with an annual payroll of $792.5 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Iron County?
Average annual pay is $48,239, or $928 a week, across 24,829 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Iron County?
156 7(a) approvals totalling $56.6 m since FY2020, across 26 lenders, with a median approval of $150,000, plus 71 504 approvals worth $57.8 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Iron County get paid back?
Of the 45 loans that have reached a final outcome, 43 were paid in full and 2 charged off, a charge off rate of 4.4 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Iron County?
655 housing units were authorised by permit in 2024, with a declared construction value of $202.5 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Iron 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 Iron County come from?
The largest single origin is Iron County Non-migrants, with 18,453 households. Arriving households report an average income of $67,125 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Iron 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 Iron County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.