Silver Summit, UT Profile: Facts & Data

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Silver Summit, Utah - Basic Facts

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The Silver Summit CDP(1) had a population of 4,702 as of July 1, 2021.

The primary coordinate point for Silver Summit is located at latitude 40.7489 and longitude -111.5139 in Summit County. The formal boundaries for the Silver Summit Census Designated Place encompass a land area of 16.96 sq. miles and a water area of 0.01 sq. miles.

The Silver Summit Census Designated Place has a U2 Census Class Code which indicates a census designated place without an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Utah is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Silver Summit Census Designated Place is located within Park City Division of Summit County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Silver Summit 2021 Demographic Data
  2. Growth Rates for Silver Summit (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Utah Research Tools (Easy Tools & Current Data)
  3. Utah Data Comparison Tool - 2021 Demographics
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Silver Summit, UT Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 4,702 (100%)
Population in Households 4,669 (99.3%)
Population in Families 4,041 (85.9%)
Population in Group Quarters1 33 ( 0.7%)
Population Density 277
Diversity Index2 25
 
 

INCOME

Median Household Income $143,576
Average Household Income $176,593
% of Income for Mortgage4 21%
Per Capita Income $57,668
Wealth Index5 252
 

HOUSING

Total HU (Housing Units) 1,962 (100%)
Owner Occupied HU 1,358 (69.2%)
Renter Occupied HU 152 ( 7.7%)
Vacant Housing Units 452 (23.0%)
Median Home Value $726,871
Average Home Value $910,118
Housing Affordability Index3 126
 

HOUSEHOLDS

Total Households 1,510
Average Household Size 3.09
Family Households 1,185
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population 2.32% 1.92%
Households 2.6% 1.99%
Families 2.26% 1.95%
Median Household Income   1.39%
Per Capita Income   1.78%
Owner Occupied HU   2.17%

Silver Summit, UT - Peer Comparisons by Rank and Percentile

The table below compares Silver Summit to the other 327 incorporated cities, towns and CDPs in Utah by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 98 70th
Population Density # 198 40th
Median Household Income # 6 98th
Housing Affordability Index # 144 44th
Per Capita Income # 7 98th
Diversity Index # 182 45th

Additional comparisons and rankings can be made with a VERY EASY TO USE Utah Census Data Comparison Tool.

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