Sanpete County, Utah: commercial real estate data.
Sanpete County, Utah has a population of 29,719 across 1,590 square miles, up 8.1 percent since the 2020 census base. County output reached $1.51 bn in 2024, 534 establishments operate here, and the SBA record carries 40 7(a) approvals worth $14.5 m.
122 sourced county values · tier FULL · 11 sections
Sanpete County
How many people live in Sanpete County
- Population29,719
- Households8,888
- Average household size3.34
- Median household income$70,083
- Median age33.8
- Median gross rent$954 per month
- Median owner-occupied home value$347,200
- Home value to household income5.0 times
- Annual rent as a share of median income16.3 percent
- Adults 25 and over with a bachelor degree or higher22.9 percent
- Adults 25 and over with a graduate degree10.4 percent
- Adults 25 and over18,133
- Population under 187,125
- Share under 1824.0 percent
- Population 65 and over4,345
- Share 65 and over14.6 percent
- Working age population, 18 to 6418,249
- Civilian labor force13,289
- Unemployment rate5.1 percent
- Labor force participation, adults 18 and over58.8 percent
- Rank by population among Utah counties13th of 29
- Rank by population among US county-equivalents1484th
Sanpete County is the 13th largest of 29 Utah counties by population. A median home costs 5.0 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 24.0 percent against 14.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Sanpete County
Is Sanpete County growing
- Population change since the 2020 census base8.07 percent
- Census 2020 base population28,438
- Births, 2024366
- Deaths, 2024256
- Natural change, 2024110
- Net domestic migration, 2024-29
- Net international migration, 2024197
- Total net migration, 2024168
- Cumulative net domestic migration, 2021 to 20241,333
- Rank by growth among US county-equivalents235th
The county has grown 8.07 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.
Sanpete County
Where people moving to Sanpete County come from
- Tax returns filed by households arriving827
- People arriving, from those returns1,918
- Adjusted gross income arriving$44.8 m
- Net adjusted gross income movement$0
- Average income of an arriving household$54,220
- Largest single originSanpete County Non-migrants (8,618 households)
- Largest single destination (8,618 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Sanpete County Non-migrants | 8,618 | 22,391 | $592.2 m |
| Utah County | 250 | 634 | $14.7 m |
| Other flows - Different State | 193 | 427 | $12.5 m |
| Salt Lake County | 165 | 350 | $9.0 m |
| Other flows - West | 132 | 280 | $8.7 m |
| Other flows - Same State | 113 | 251 | $4.2 m |
| Other flows - South | 32 | 82 | $1.9 m |
| Sevier County | 30 | 66 | $1.2 m |
The largest single source of arrivals is Sanpete 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.
Sanpete County
What the Sanpete County economy runs on
- County GDP, 2024$1.51 bn
- County GDP, 2023$1.38 bn
- GDP change, 2023 to 20248.8 percent
- GDP change over five years67.1 percent
- Rank by GDP among Utah counties15th
- Rank by GDP among US county-equivalents1513th
- GDP per resident$50,660
Output grew 8.8 percent in the latest year and 67.1 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.
Sanpete County
Who employs people in Sanpete County
- Covered employment, annual average9,381
- Establishments reporting743
- Average annual pay$44,420
- Average weekly wage$854
- Sector 31-33, employment1,411
- Sector 31-33, average annual pay$47,663
- Sector 44-45, employment928
- Sector 44-45, average annual pay$28,066
- Sector 62, employment769
- Sector 62, average annual pay$43,201
- Sector 23, employment614
- Sector 23, average annual pay$48,134
- Sector 56, employment257
- Sector 61, employment255
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 1,411 | 39 | $47,663 |
| Sector 44-45 | 928 | 63 | $28,066 |
| Sector 62 | 769 | 81 | $43,201 |
| Sector 23 | 614 | 120 | $48,134 |
| Sector 56 | 257 | 32 | $30,627 |
| Sector 61 | 255 | 5 | $41,301 |
| Sector 54 | 214 | 46 | $48,107 |
| Sector 51 | 174 | 19 | $63,541 |
The largest sector is the biggest private employer group at 1,411 jobs, 15.0 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.
Sanpete County
What businesses operate in Sanpete County
- Establishments, all industries534
- Employment at those establishments5,367
- Annual payroll$205.9 m
- Establishments per 1,000 residents18.0
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.
Sanpete County
What is being built in Sanpete County
- Housing units authorised by permit, 2024266
- Declared construction value permitted$97.2 m
- Single family units authorised210
- Multifamily units authorised56
- Multifamily share of units21.1 percent
- Average declared value per unit$365,365
- Units authorised per 1,000 households29.9
Multifamily is 21.1 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Sanpete County
How much SBA lending happens in Sanpete County
- 7(a) approvals recorded40
- 7(a) gross approval dollars$14.5 m
- Average 7(a) approval$363,130
- Median 7(a) approval$111,400
- 10th percentile approval$10,000
- 90th percentile approval$1,400,000
- Largest single approval$2,144,000
- Jobs reported supported, 7(a)334
- Jobs per approval8.3
- Distinct 7(a) lenders active14
- Distinct industries receiving approvals31
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer25.0 percent
- Loans on real estate terms10
- Loans on working capital terms, 120 months or shorter28
- Franchise loans1
- Franchise share of approvals2.5 percent
- Leading industry by approval countFull-Service Restaurants (3)
- Most active lenderZions Bank, A Division of (15)
- 504 approvals recorded16
- 504 gross approval dollars$7.3 m
- Average 504 approval$458,813
- Median 504 approval$267,000
- Distinct CDCs active2
- 504 jobs per approval4.9
- 504 jobs per million dollars approved10.8
- Most active CDCMountain West Small Business Finance (14)
- 7(a) share of SBA approvals71.4 percent
- Combined SBA approval dollars$21.9 m
The average approval of $363,130 sits well above the median of $111,400, 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 25.0 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.
Sanpete County
Do SBA loans in Sanpete County get paid back
- Loans with a final outcome recorded10
- Paid in full9
- Charged off1
- Charge off rate on resolved loans10.0 percent
- Status: Exempt from disclosure28
- Status: Paid in full9
- Status: Charged off1
- Status: Committed, not yet disbursed2
Of the 10 loans that have reached a final outcome, 10.0 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.
Sanpete County
Which parts of Sanpete County get the lending
- Places in the county with recorded lending10
- Ephraim, approvals13
- Mount Pleasant, approvals12
- MANTI, approvals3
- FAIRVIEW, approvals3
- GUNNISON, approvals2
- FAYETTE, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Ephraim | 13 | $3,768,100 |
| Mount Pleasant | 12 | $5,341,200 |
| MANTI | 3 | $333,000 |
| FAIRVIEW | 3 | $802,000 |
| GUNNISON | 2 | $1,550,000 |
| FAYETTE | 2 | $95,000 |
| FOUNTAIN GREEN | 2 | $2,315,900 |
| MORONI | 1 | $220,000 |
Ephraim accounts for 13 approvals against 12 in Mount Pleasant. 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.
Sanpete County
How big is Sanpete County
- Land area1,590 sq mi
- Rank by land area among Utah counties19th of 29
- Width, east to west41.1 mi
- Height, north to south53.9 mi
- Geographies sharing a boundary6
- Residents per square mile of land19
- Establishments per square mile0.34
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 Sanpete 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 Sanpete County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population29,719
- Households8,888
- Average household size3.34
- Median household income$70,083
- Median age33.8
Common questions
Sanpete County questions, answered from the record.
How many people live in Sanpete County, Utah?
29,719, in 8,888 households, ranking 13th of 29 Utah counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Sanpete County growing?
The population has grown 8.07 percent since the 2020 census base. In 2024 there were 366 births against 256 deaths, with net migration of 168. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Sanpete County?
$70,083. The median owner-occupied home is valued at $347,200, which is 5.0 times income, and median gross rent is $954 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Sanpete County?
534 establishments, employing 5,367 people with an annual payroll of $205.9 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 Sanpete County?
Average annual pay is $44,420, or $854 a week, across 9,381 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Sanpete County?
40 7(a) approvals totalling $14.5 m since FY2020, across 14 lenders, with a median approval of $111,400, plus 16 504 approvals worth $7.3 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Sanpete County get paid back?
Of the 10 loans that have reached a final outcome, 9 were paid in full and 1 charged off, a charge off rate of 10.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Sanpete County?
266 housing units were authorised by permit in 2024, with a declared construction value of $97.2 m. Multifamily was 21.1 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Sanpete County?
Zone 1, a predicted average indoor radon screening level greater than 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 Sanpete County come from?
The largest single origin is Sanpete County Non-migrants, with 8,618 households. Arriving households report an average income of $54,220 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 Sanpete 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 Sanpete 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.