Provo is a mid-sized city located in the state of Utah. The city has a population of 115,718 inhabitants. The majority of Provo residents report their race to be White; this is followed by Asian and American Indian and Alaskan. Provo could be a great place for young adults and students as the average age of 24 years old is below the nation’s average. Provo has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 86% of the population are classified as married and 54% have kids.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Provo could be a positive experience compared to other cities in Utah if you know where to search. The best areas in Provo and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, weather, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Utah and national averages.
Provo has a livability score of 76/100 and is ranked #13 in Utah and #4,209 in the USA. Pack your bags! This is a very high score in comparison to other US cities. Living in Provo could be a great choice! There are seven total categories that generate the livability score. Provo scores well for amenities (A+), crime (B+) and housing (B-). There are some categories that Provo ranks poorly for, including: weather (D) and employment (D). It might be worth taking a closer look to figure out why.
Assuming that Provo meets all of your requirements, the next most important item to examine is the affordability of real estate in Provo. Everything else becomes a lot less important if it turns out that home prices in Provo are simply unattainable. Median real estate prices in Provo come in at $214,800, which is 4.4% lower than the Utah average. The home price to income ratio compares the median home prices to the median household income. In Provo, the home price to income ratio is 5, which is 38.9% higher than the Utah average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Provo area were 12.9% and 5 year appreciation rates were 8.5%.