Saratoga Springs is a larger medium-sized city located in the state of Utah. With a population of 57,411 people and six associated neighborhoods, Saratoga Springs is the 24th largest community in Utah. Much of the housing stock in Saratoga Springs was built relatively recently. The construction of new real estate can often be taken as an indication that the local Saratoga Springs economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Saratoga Springs, where the median household income is $123,619.00.
Housing costs in Saratoga Springs are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Utah.
Also of interest is that Saratoga Springs has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 23.92% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Saratoga Springs is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Saratoga Springs’s overall crime rate is lower than average for the country.
If knowledge is power, Saratoga Springs is a pretty powerful place. 51.96% of the adults in Saratoga Springs have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Saratoga Springs in 2022 was $34,428, which is middle income relative to Utah and the nation. This equates to an annual income of $137,712 for a family of four.
Saratoga Springs is a somewhat ethnically-diverse city. The people who call Saratoga Springs home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Saratoga Springs residents report their race to be White, followed by Asian. Saratoga Springs also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.70% of the city’s residents. Important ancestries of people in Saratoga Springs include English, German, European, Danish, and Irish.
The most common language spoken in Saratoga Springs is English. Other important languages spoken here include Spanish and Chinese.