QuantaLoan Market Research

Counties of
  Summit County is the wealthiest county in Utah. Park City is the largest city located within this county.
  The population of Summit county is estimated at 40,390. In 2017 there were 439 births and 164 deaths in Summit county. Summit county has 7,842 housing units that are owned with a mortgage or a loan, 2,055 that are owned free and clear and 3,093 that are renter occupied.

  The upstanding residents of Summit County filed 22,330 federal tax returns in 2017. This amount represents 1.7% of all Utah filings and 0.015% of the entire nation. Summit had a combined total federal tax liability of $667,129,000 on earned income of $3,068,928,000. Other notable statistics from Summit County were 690 unemployment claims which collected a total of $2,852,000 and 8,250 charitable contributions valued at $85,219,000. 8,690 filings from Summit County paid a combined total of $42,986,000 in property taxes and 7,430 filings paid $101,462,000 on mortgage interest costs.

  In 2010 Summit county had 45 religious congregations with an estimated 20,907 members.

53.5% of the Summit population has a college level Bachelors degree or higher. 6.3% have less than a highschool diploma level education.

Approximately 50% of Summit County voted in the presidential election of 2016. This represents an increase from the 2012 election by 3,517 votes.

At $100,879 the median income is 147.5% of the Utah average. An estimated 758 people claimed to be unemployed last year in Summit, the equivalant of around 3.1% of the county population. This represents an increase in the level of unemployment from the previous year's value of 3.1%.

Top 15 Industries in Summit County.
Total # EmployedIndustry Job Type
6,151Arts, entertainment, and recreation
5,940Amusement, gambling, and recreation industries
5,803Accommodation and food services
5,596Skiing facilities
4,105Retail trade
3,150Food services and drinking places
2,935Restaurants and other eating places
2,647Traveler accommodation
2,347Full-service restaurants
995Clothing and clothing accessories stores
912Administrative and support and waste management and remediation services
900Real estate and rental and leasing
900Professional, scientific, and technical services
864Administrative and support services

In 2018 the average price reduction was 3.46% in Summit County (averaging across 2 zip codes; 84060 and 84098).

In 2018 9.63% of listings in Summit County (averaging across 3 zip codes; 84060 and 84098) dropped their price.

Interested in adding housing statistics for Summit County to your website? Click here for the county widget code for Summit, Utah.