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Silver Summit CDP, Utah Demographics & Population 2026

Highest IncomeHighest median household income in Utah
Highly Educated3rd highest bachelor's degree rate in Utah
Most Expensive HousingHighest median home value in Utah
Expensive MarketHome value to income ratio of 8.5x indicates a costly housing market

As of 2026, Silver Summit CDP, Utah has a total population of 1,574, the 142nd largest city in Utah, with a median household income of $235,329, which is 156% higher than the state average. The poverty rate is 5.2%.

Key Takeaways

Silver Summit CDP Quick Facts

Population 1,574
Median Household Income $235,329
Median Home Value $2,000,001
Poverty Rate 5.2%
Unemployment Rate 8.4%
Median Age 43.3 years
Homeownership Rate 90.4%
Affordability Ratio 8.5x
Bachelor's Degree or Higher 75.5%
High School Graduation Rate 99.1%
Diversity Index 22/100
Population 1,574 142nd of 329
Median Income $235,329 top 10%
Poverty Rate 5.2% 58% lower national
Median Home Value $2,000,001 top 10%

How Silver Summit CDP Compares

Economy & Housing

Employment

8.4% Unemployment Rate State: 3.4% | National: 5.2%
60.8% Labor Force Participation

Housing Overview

Owner 90.4%
Renter 9.6%
Affordability Index Very Expensive
8.5x home value to income ratio

People & Demographics

Diversity Index

22out of 100
Very Low Diversity

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

State average: 40 | National average: 60

Education

Silver Summit CDP Rankings in Utah

#142 Population of 329
#1 Median Income of 329
#3 Education of 329
#1 Home Value of 329

Cities Similar to Silver Summit CDP

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Emigration Canyon metro township1,465$184,722$959,10075.1%3.6%
Wolf Creek CDP1,599$162,708$699,50059.1%0.7%
Mantua town1,642$134,239$570,00041.4%2.4%
Mendon city1,446$141,563$525,00052.9%0.0%
Woodland Hills city1,439$137,426$736,10049.0%6.1%

Population Overview

Silver Summit CDP is a small community located in Utah. The total population is 1,574. It ranks as the 142nd most populous out of 329 cities and towns in Utah.

Age Demographics

The median age in Silver Summit CDP is 43.3 years. This is 37% higher than the state median of 31.7 years. Only 14.9% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Silver Summit CDP is $235,329. This is 156% higher than the state median of $91,750. Compared to the national median of $78,538, household income here is 200% higher. The poverty rate stands at 5.2%. This is 39% lower than the state poverty rate of 8.6%. The unemployment rate is 8.4%. This is 147% higher than the state rate of 3.4%. The median home value is $2,000,001. Housing costs are 340% higher than the state median of $455,000. The home-value-to-income ratio of 8.5x suggests that housing affordability is a significant concern for many residents. 90.4% of occupied housing units are owner-occupied. This homeownership rate is 28% higher than the state average of 70.6%.

Race & Ethnicity

Silver Summit CDP has a predominantly White (non-Hispanic) population, comprising 86.5% of all residents. Hispanic or Latino residents account for 0.8%. The Hispanic or Latino population (0.8%) is well below the state average of 15.4%. The Asian population (0.7%) is well below the state average of 2.3%.

Education

75.5% of residents aged 25 and older hold a bachelor's degree or higher. This places Silver Summit CDP in the top 10% of all cities in the state for educational attainment. This is 105% higher than the state rate of 36.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.1%. Notably, 34.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Silver Summit CDP, Utah is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Utah state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 329 Census-designated places in Utah. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Silver Summit CDP, Utah?

Silver Summit CDP, Utah has a population of 1,574 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Silver Summit CDP, UT?

The median household income in Silver Summit CDP is $235,329, which is 200% higher the national median of $78,538.

What is the poverty rate in Silver Summit CDP, UT?

The poverty rate in Silver Summit CDP is 5.2%. This means approximately 82 residents live below the federal poverty line.

What is the racial makeup of Silver Summit CDP, Utah?

Silver Summit CDP's population is 86.5% White, 0.0% Black, 0.8% Hispanic/Latino, and 0.7% Asian.

What is the median home value in Silver Summit CDP, UT?

The median home value in Silver Summit CDP is $2,000,001. The home-value-to-income ratio is 8.5x.

How educated is Silver Summit CDP, Utah?

75.5% of adults (25+) in Silver Summit CDP hold a bachelor's degree or higher, and 34.7% hold a graduate or professional degree.