Wayne County, Utah: commercial real estate data.
Wayne County, Utah has a population of 2,584 across 2,461 square miles, up 4.9 percent since the 2020 census base. County output reached $160.3 m in 2024, 118 establishments operate here, and the SBA record carries 8 7(a) approvals worth $6.9 m.
116 sourced county values · tier FULL · 11 sections
Wayne County
How many people live in Wayne County
- Population2,584
- Households1,156
- Average household size2.24
- Median household income$76,607
- Median age46.0
- Median gross rent$884 per month
- Median owner-occupied home value$411,800
- Home value to household income5.4 times
- Annual rent as a share of median income13.8 percent
- Adults 25 and over with a bachelor degree or higher27.7 percent
- Adults 25 and over with a graduate degree3.7 percent
- Adults 25 and over1,963
- Population under 18547
- Share under 1821.2 percent
- Population 65 and over660
- Share 65 and over25.5 percent
- Working age population, 18 to 641,377
- Civilian labor force1,260
- Unemployment rate2.1 percent
- Labor force participation, adults 18 and over61.9 percent
- Rank by population among Utah counties27th of 29
- Rank by population among US county-equivalents3067th
Wayne County is the 27th largest of 29 Utah counties by population. A median home costs 5.4 times median household income, which is a stretched ownership market and usually shows up as rental demand. Residents 65 and over outnumber those under 18, at 25.5 percent against 21.2 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Wayne County
Is Wayne County growing
- Population change since the 2020 census base4.87 percent
- Census 2020 base population2,487
- Births, 202430
- Deaths, 202420
- Natural change, 202410
- Net domestic migration, 2024-13
- Net international migration, 2024-2
- Total net migration, 2024-15
- Cumulative net domestic migration, 2021 to 2024102
- Rank by growth among US county-equivalents552nd
The county has grown 4.87 percent since the 2020 census base. Births exceeded deaths in 2024 but more people left than arrived, so the population is being sustained internally rather than attracting.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Wayne County
Where people moving to Wayne County come from
- Tax returns filed by households arriving95
- People arriving, from those returns183
- Adjusted gross income arriving$7.8 m
- Net adjusted gross income movement$0
- Average income of an arriving household$81,832
- Largest single originWayne County Non-migrants (992 households)
- Largest single destination (992 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Wayne County Non-migrants | 992 | 2,209 | $70.6 m |
| Other flows - Same State | 63 | 132 | $5.6 m |
| Other flows - Different State | 32 | 51 | $2.2 m |
| Other flows - West | 32 | 51 | $2.2 m |
The largest single source of arrivals is Wayne 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.
Wayne County
What the Wayne County economy runs on
- County GDP, 2024$160.3 m
- County GDP, 2023$158.5 m
- GDP change, 2023 to 20241.2 percent
- GDP change over five years42.4 percent
- Rank by GDP among Utah counties27th
- Rank by GDP among US county-equivalents2960th
- GDP per resident$62,050
Output grew 1.2 percent in the latest year and 42.4 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.
Wayne County
Who employs people in Wayne County
- Covered employment, annual average1,232
- Establishments reporting158
- Average annual pay$43,295
- Average weekly wage$833
- Sector 72, employment295
- Sector 72, average annual pay$28,265
- Sector 23, employment236
- Sector 23, average annual pay$57,455
- Sector 44-45, employment144
- Sector 44-45, average annual pay$30,851
- Sector 62, employment120
- Sector 62, average annual pay$47,372
- Sector 81, employment23
- Sector 54, employment17
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 72 | 295 | 38 | $28,265 |
| Sector 23 | 236 | 25 | $57,455 |
| Sector 44-45 | 144 | 13 | $30,851 |
| Sector 62 | 120 | 7 | $47,372 |
| Sector 81 | 23 | 3 | $31,887 |
| Sector 54 | 17 | 7 | $37,344 |
| Sector 56 | 17 | 5 | $36,713 |
| Sector 71 | 9 | 4 | $25,588 |
The largest sector is the biggest private employer group at 295 jobs, 23.9 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.
Wayne County
What businesses operate in Wayne County
- Establishments, all industries118
- Employment at those establishments779
- Annual payroll$32.5 m
- Establishments per 1,000 residents45.7
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.
Wayne County
What is being built in Wayne County
- Housing units authorised by permit, 202424
- Declared construction value permitted$7.7 m
- Single family units authorised21
- Multifamily units authorised3
- Multifamily share of units12.5 percent
- Average declared value per unit$319,711
- Units authorised per 1,000 households20.8
Multifamily is 12.5 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Wayne County
How much SBA lending happens in Wayne County
- 7(a) approvals recorded8
- 7(a) gross approval dollars$6.9 m
- Average 7(a) approval$865,400
- Median 7(a) approval$341,200
- 10th percentile approval$25,000
- 90th percentile approval$4,080,000
- Largest single approval$4,080,000
- Jobs reported supported, 7(a)31
- Jobs per approval3.9
- Distinct 7(a) lenders active4
- Distinct industries receiving approvals6
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer37.5 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter5
- Franchise loans1
- Franchise share of approvals12.5 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (3)
- Most active lenderState Bank of Southern Utah (4)
- 504 approvals recorded7
- 504 gross approval dollars$4.1 m
- Average 504 approval$581,429
- Median 504 approval$438,000
- Distinct CDCs active3
- 504 jobs per approval5.9
- 504 jobs per million dollars approved10.1
- Most active CDCMountain West Small Business Finance (5)
- 7(a) share of SBA approvals53.3 percent
- Combined SBA approval dollars$11.0 m
The average approval of $865,400 sits well above the median of $341,200, 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. 37.5 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
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.
Wayne County
Do SBA loans in Wayne County get paid back
- Loans with a final outcome recorded7
- Paid in full7
- Charged off0
- Status: Paid in full7
- Status: Exempt from disclosure1
Too few loans have reached a final outcome to publish a charge off rate. only 7 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wayne County
Which parts of Wayne County get the lending
- Places in the county with recorded lending3
- Torrey, approvals4
- Loa, approvals3
- LYMAN, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Torrey | 4 | $6,315,200 |
| Loa | 3 | $258,000 |
| LYMAN | 1 | $350,000 |
Torrey accounts for 4 approvals against 3 in Loa. 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.
Wayne County
How big is Wayne County
- Land area2,461 sq mi
- Rank by land area among Utah counties14th of 29
- Width, east to west106.4 mi
- Height, north to south24.9 mi
- Geographies sharing a boundary5
- Residents per square mile of land1
- Establishments per square mile0.05
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 Wayne 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 Wayne County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population2,584
- Households1,156
- Average household size2.24
- Median household income$76,607
- Median age46.0
Common questions
Wayne County questions, answered from the record.
How many people live in Wayne County, Utah?
2,584, in 1,156 households, ranking 27th of 29 Utah counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Wayne County growing?
The population has grown 4.87 percent since the 2020 census base. In 2024 there were 30 births against 20 deaths, with net migration of -15. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Wayne County?
$76,607. The median owner-occupied home is valued at $411,800, which is 5.4 times income, and median gross rent is $884 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Wayne County?
118 establishments, employing 779 people with an annual payroll of $32.5 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 Wayne County?
Average annual pay is $43,295, or $833 a week, across 1,232 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Wayne County?
8 7(a) approvals totalling $6.9 m since FY2020, across 4 lenders, with a median approval of $341,200, plus 7 504 approvals worth $4.1 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Wayne County?
24 housing units were authorised by permit in 2024, with a declared construction value of $7.7 m. Multifamily was 12.5 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Wayne 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 Wayne County come from?
The largest single origin is Wayne County Non-migrants, with 992 households. Arriving households report an average income of $81,832 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 Wayne 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 Wayne 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.