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Elk Ridge, Utah Demographics & Population 2026

During the 2020–2024 ACS period, Elk Ridge, Utah had a total population of 4,898, the 98th largest city in Utah, with a median household income of $143,167, which is 50% higher than the state average. The poverty rate is 1.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Elk Ridge Quick Facts

Population 4,898
Median Household Income $143,167
Median Home Value $614,800
Poverty Rate 1.9%
Unemployment Rate 4.1%
Median Age 32.0 years
Homeownership Rate 98.7%
Affordability Ratio 4.3x
Bachelor's Degree or Higher 38.7%
High School Graduation Rate 98.2%
Diversity Index 13/100
Population 4,898 98th of 326
Median Income $143,167 top 10%
Poverty Rate 1.9% 84% lower than national
Median Home Value $614,800 top 20%

How Elk Ridge Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population4,7824,898+2.4%
Median household income$138,587$143,167+3.3%
Median home value$565,200$614,800+8.8%

How Elk Ridge Compares

Economy & Housing

Household Income Distribution

Under $25K 2.9%
$25K-$50K 2.9%
$50K-$100K 25.0%
$100K+ 69.3%
Detailed income brackets
Under $10K
0.8%
$10K-$15K
2.0%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
1.1%
$30K-$35K
0.0%
$35K-$40K
0.6%
$40K-$45K
0.7%
$45K-$50K
0.4%
$50K-$60K
6.0%
$60K-$75K
9.3%
$75K-$100K
9.7%
$100K-$125K
11.7%
$125K-$150K
9.4%
$150K-$200K
35.0%
$200K+
13.1%

Employment

4.1% Unemployment Rate State: 3.6%|National: 5.2%
64.6% Labor Force Participation

Housing Overview

Owner 98.7%
Renter 1.3%
Affordability Index Moderate
4.3x home value to income ratio

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Elk Ridge Rankings in Utah

#98 Population of 326
#17 Median Income of 295
#91 Education of 326
#57 Home Value of 306

Other Cities in Utah County

CityPopulationMedian IncomePovertyHome Value
Provo 114,766 $64,171 23.0% $467,200
Orem 97,182 $83,342 10.2% $472,300
Lehi 85,173 $131,299 5.0% $612,100
Eagle Mountain 53,290 $113,648 3.6% $518,100
Saratoga Springs 48,425 $128,802 5.0% $605,500
Spanish Fork 44,946 $104,844 6.6% $481,500
Pleasant Grove 37,852 $101,073 4.6% $491,000
American Fork 37,109 $98,878 7.3% $496,700
Springville 35,849 $89,816 7.3% $454,400
Payson 23,039 $89,905 7.3% $429,600

Cities Similar to Elk Ridge

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Snyderville5,948$143,517$1,104,20068.0%4.6%
East Basin4,002$145,678$1,305,60079.6%7.5%
Morgan4,409$115,735$479,90034.6%1.4%
Fruit Heights6,023$140,679$667,70054.7%3.9%
West Bountiful5,915$135,179$579,40034.8%3.7%

Population Overview

Elk Ridge is a small community located in Utah, within Utah County. The total population is 4,898. It ranks as the 98th most populous out of 326 Census-designated places in Utah.

Age Demographics

The median age in Elk Ridge is 32.0 years. This is about the same as the state median of 32.0 years. With 38.5% of the population under 18, Elk Ridge has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Elk Ridge is $143,167. This is 50% higher than the state median of $95,166. It is also 77% higher than the national median of $80,734. The poverty rate stands at 1.9%. This is 77% lower than the state poverty rate of 8.5%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.1%. This is 14% higher than the state rate of 3.6%. The median home value is $614,800. Housing costs are 26% higher than the state median of $489,400. The home-value-to-income ratio is 4.3x. 98.7% of occupied housing units are owner-occupied. This homeownership rate is 41% higher than the state average of 70.3%.

Race & Ethnicity

Elk Ridge has a predominantly White (non-Hispanic) population, comprising 92.9% of all residents. Hispanic or Latino residents account for 4.2%. The Black or African American population (0.4%) is well below the state average of 1.1%. The Hispanic or Latino population (4.2%) is well below the state average of 15.9%. The Asian population (0.4%) is well below the state average of 2.4%.

Education

38.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 3% higher than the state rate of 37.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.2%.

Data Sources & Methodology

All demographic data for Elk Ridge, Utah is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Utah state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 326 Census-designated places in Utah. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Elk Ridge, Utah?

Elk Ridge, Utah has a population of 4,898 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Elk Ridge, UT?

The median household income in Elk Ridge is $143,167, which is 77% higher than the national median of $80,734.

What is the poverty rate in Elk Ridge, UT?

The poverty rate in Elk Ridge is 1.9%. This means approximately 95 residents live below the federal poverty line.

What is the racial makeup of Elk Ridge, Utah?

Elk Ridge's population is 92.9% White, 0.4% Black, 4.2% Hispanic/Latino, and 0.4% Asian.

What is the median home value in Elk Ridge, UT?

The median home value in Elk Ridge is $614,800. The home-value-to-income ratio is 4.3x.

How educated is Elk Ridge, Utah?

38.7% of adults (25+) in Elk Ridge hold a bachelor's degree or higher, and 12.9% hold a graduate or professional degree.