Wasatch County, Utah: commercial real estate data.
Wasatch County, Utah has a population of 36,642 across 1,176 square miles, up 8.8 percent since the 2020 census base. County output reached $1.88 bn in 2024, 1,345 establishments operate here, and the SBA record carries 78 7(a) approvals worth $38.5 m.
121 sourced county values · tier FULL · 11 sections
Wasatch County
How many people live in Wasatch County
- Population36,642
- Households12,880
- Average household size2.84
- Median household income$117,608
- Median age36.8
- Median gross rent$2,000 per month
- Median owner-occupied home value$787,300
- Home value to household income6.7 times
- Annual rent as a share of median income20.4 percent
- Adults 25 and over with a bachelor degree or higher51.3 percent
- Adults 25 and over with a graduate degree18.8 percent
- Adults 25 and over22,837
- Population under 1810,559
- Share under 1828.8 percent
- Population 65 and over4,969
- Share 65 and over13.6 percent
- Working age population, 18 to 6421,114
- Civilian labor force18,956
- Unemployment rate2.0 percent
- Labor force participation, adults 18 and over72.7 percent
- Rank by population among Utah counties12th of 29
- Rank by population among US county-equivalents1301st
Wasatch County is the 12th largest of 29 Utah counties by population. A median home costs 6.7 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 28.8 percent against 13.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Wasatch County
Is Wasatch County growing
- Population change since the 2020 census base8.83 percent
- Census 2020 base population34,787
- Births, 2024378
- Deaths, 2024170
- Natural change, 2024208
- Net domestic migration, 2024111
- Net international migration, 2024235
- Total net migration, 2024346
- Cumulative net domestic migration, 2021 to 20241,456
- Rank by growth among US county-equivalents194th
The county has grown 8.83 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.
Wasatch County
Where people moving to Wasatch County come from
- Tax returns filed by households arriving1,339
- People arriving, from those returns2,715
- Adjusted gross income arriving$311.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$232,818
- Largest single originWasatch County Non-migrants (11,894 households)
- Largest single destination (11,894 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Wasatch County Non-migrants | 11,894 | 28,692 | $2.08 bn |
| Other flows - Different State | 529 | 1,080 | $140.6 m |
| Other flows - West | 236 | 480 | $45.0 m |
| Summit County | 227 | 423 | $43.2 m |
| Salt Lake County | 218 | 420 | $62.0 m |
| Utah County | 148 | 326 | $23.1 m |
| Other flows - South | 138 | 302 | $34.6 m |
| Other flows - Midwest | 96 | 185 | $32.1 m |
The largest single source of arrivals is Wasatch 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.
Wasatch County
What the Wasatch County economy runs on
- County GDP, 2024$1.88 bn
- County GDP, 2023$1.81 bn
- GDP change, 2023 to 20243.5 percent
- GDP change over five years54.8 percent
- Rank by GDP among Utah counties12th
- Rank by GDP among US county-equivalents1339th
- GDP per resident$51,184
Output grew 3.5 percent in the latest year and 54.8 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.
Wasatch County
Who employs people in Wasatch County
- Covered employment, annual average12,108
- Establishments reporting1,655
- Average annual pay$56,807
- Average weekly wage$1,092
- Sector 23, employment1,958
- Sector 23, average annual pay$72,358
- Sector 44-45, employment1,412
- Sector 44-45, average annual pay$38,619
- Sector 72, employment1,391
- Sector 72, average annual pay$26,507
- Sector 62, employment1,350
- Sector 62, average annual pay$50,711
- Sector 54, employment756
- Sector 31-33, employment640
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 23 | 1,958 | 304 | $72,358 |
| Sector 44-45 | 1,412 | 112 | $38,619 |
| Sector 72 | 1,391 | 72 | $26,507 |
| Sector 62 | 1,350 | 134 | $50,711 |
| Sector 54 | 756 | 308 | $88,604 |
| Sector 31-33 | 640 | 58 | $68,370 |
| Sector 56 | 464 | 126 | $56,942 |
| Sector 71 | 418 | 25 | $32,116 |
The largest sector is the biggest private employer group at 1,958 jobs, 16.2 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.
Wasatch County
What businesses operate in Wasatch County
- Establishments, all industries1,345
- Employment at those establishments10,384
- Annual payroll$564.5 m
- Establishments per 1,000 residents36.7
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.
Wasatch County
What is being built in Wasatch County
- Housing units authorised by permit, 2024835
- Declared construction value permitted$568.3 m
- Single family units authorised784
- Multifamily units authorised51
- Multifamily share of units6.1 percent
- Average declared value per unit$680,557
- Units authorised per 1,000 households64.8
Multifamily is 6.1 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Wasatch County
How much SBA lending happens in Wasatch County
- 7(a) approvals recorded78
- 7(a) gross approval dollars$38.5 m
- Average 7(a) approval$493,733
- Median 7(a) approval$200,000
- 10th percentile approval$25,000
- 90th percentile approval$1,326,000
- Largest single approval$3,914,000
- Jobs reported supported, 7(a)880
- Jobs per approval11.3
- Distinct 7(a) lenders active31
- Distinct industries receiving approvals55
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer15.4 percent
- Loans on real estate terms12
- Loans on working capital terms, 120 months or shorter63
- Franchise loans4
- Franchise share of approvals5.1 percent
- Leading industry by approval countFitness and Recreational Sports Centers (4)
- Most active lenderZions Bank, A Division of (16)
- 504 approvals recorded61
- 504 gross approval dollars$43.0 m
- Average 504 approval$704,180
- Median 504 approval$392,000
- Distinct CDCs active3
- 504 jobs per approval7.0
- 504 jobs per million dollars approved10.0
- Most active CDCMountain West Small Business Finance (45)
- 7(a) share of SBA approvals56.1 percent
- Combined SBA approval dollars$81.5 m
The average approval of $493,733 sits well above the median of $200,000, 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 15.4 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.
Wasatch County
Do SBA loans in Wasatch County get paid back
- Loans with a final outcome recorded13
- Paid in full13
- Charged off0
- Charge off rate on resolved loans0.0 percent
- Status: Paid in full13
- Status: Exempt from disclosure48
- Status: Cancelled11
- Status: Committed, not yet disbursed6
Of the 13 loans that have reached a final outcome, 0.0 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.
Wasatch County
Which parts of Wasatch County get the lending
- Places in the county with recorded lending5
- HEBER CITY, approvals66
- MIDWAY, approvals7
- Heber, approvals2
- KAMAS, approvals2
- PARK CITY, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| HEBER CITY | 66 | $35,025,700 |
| MIDWAY | 7 | $2,054,000 |
| Heber | 2 | $637,500 |
| KAMAS | 2 | $544,000 |
| PARK CITY | 1 | $250,000 |
HEBER CITY accounts for 66 approvals against 7 in MIDWAY. 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.
Wasatch County
How big is Wasatch County
- Land area1,176 sq mi
- Rank by land area among Utah counties21st of 29
- Width, east to west37.9 mi
- Height, north to south54.6 mi
- Geographies sharing a boundary4
- Residents per square mile of land31
- Establishments per square mile1.14
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 Wasatch 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 Wasatch County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population36,642
- Households12,880
- Average household size2.84
- Median household income$117,608
- Median age36.8
Common questions
Wasatch County questions, answered from the record.
How many people live in Wasatch County, Utah?
36,642, in 12,880 households, ranking 12th of 29 Utah counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Wasatch County growing?
The population has grown 8.83 percent since the 2020 census base. In 2024 there were 378 births against 170 deaths, with net migration of 346. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Wasatch County?
$117,608. The median owner-occupied home is valued at $787,300, which is 6.7 times income, and median gross rent is $2,000 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Wasatch County?
1,345 establishments, employing 10,384 people with an annual payroll of $564.5 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 Wasatch County?
Average annual pay is $56,807, or $1,092 a week, across 12,108 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Wasatch County?
78 7(a) approvals totalling $38.5 m since FY2020, across 31 lenders, with a median approval of $200,000, plus 61 504 approvals worth $43.0 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Wasatch County get paid back?
Of the 13 loans that have reached a final outcome, 13 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Wasatch County?
835 housing units were authorised by permit in 2024, with a declared construction value of $568.3 m. Multifamily was 6.1 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Wasatch 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 Wasatch County come from?
The largest single origin is Wasatch County Non-migrants, with 11,894 households. Arriving households report an average income of $232,818 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 Wasatch 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 Wasatch 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.