Washington Terrace vs Orem
| Washington Terrace | Orem | |
|---|---|---|
| Population | 9,220 | 97,100 |
| Median Household Income | $80,119 | $83,342 |
| Median Home Value | $353,900 | $472,300 |
| Median Gross Rent | $1,293/mo | $1,438/mo |
| Homeownership Rate | 69.2% | 57.8% |
| Unemployment Rate | 2.5% | 3.9% |
| Bachelor's Degree or Higher | 23.1% | 43.6% |
| Median Age | 33.3 | 27.0 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.