Orem, UT — income, home value, property tax, and sales tax.
In ZIP code 84042, which covers part of Orem, households bring in a median of $121,275 a year, while per-capita income sits at $43,324. A median home value of $676,900 paired with a county property tax rate of 0.44% means annual property taxes land near $2,978, a figure many local owners absorb without strain given the earnings base. Sales tax of 7.45% applies to purchases, adding a bit to everyday spending but not enough to disrupt the overall picture. Strong incomes against that tax load leave plenty of flexibility for savings, housing costs, and daily expenses.
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