Orem, UT — income, home value, property tax, and sales tax.
ZIP code 84043, centered on Orem, sits in affluent territory: a median household income of $129,852 and per-capita income of $43,181 place it well above national norms, while a median home value of $607,500 reflects a pricey housing stock. The county-level effective property tax rate of 0.44% keeps annual tax bills comparatively contained despite those high valuations, so homeowners here pay less than many elsewhere on similarly priced properties. Sales tax combines to 7.45%, a rate shoppers in Orem encounter on everyday purchases. High earnings and valuable homes, paired with a low property tax rate, define this ZIP's economic character.
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