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Cost of living, pay and housing

40.75° N · 111.51° W · GEOID 4969280

Silver Summit

Summit County, Utah · part of the Heber, UT metro

Limited data population under 5,000

UtahSilver Summit, UTSilver SummitSilver Summit

The short answer

Silver Summit is home to 1,476 people. Median household income is $241,792 a year and median rent is $3,250 a month, 16.1% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $2,000,001, about 8.3x annual median household income.

Median gross rent
$3,250
138% above the median place
Median household income
$241,792
201% above the median place
Median home value
$2,000,001
above the median place (median $319,400)
Unemployment
1.8%
64% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Silver Summit

  • The median home is valued at $2,000,001, more than in 99% of the 2,480 places under 10,000 people we track. It is the highest of 96 Utah places.
  • Only 0% of renter households spend 30% or more of income on rent, a lower share than in 98% of places its size. It is the lowest of 84 Utah places.
  • The median household earns $241,792 a year, more than in 98% of places its size. It is the highest of 96 Utah places.
  • Median rent is $3,250 a month, higher than in 97% of places its size. It is the 3rd-highest of 96 Utah places.
  • 32% of workers mostly work from home, more than in 94% of places its size. It is the 2nd-highest of 95 Utah places.
01

Moving to Silver Summit

Summit County loses about 4.6 residents per 1,000 a year to moves between counties.

Moved in3,071
Moved out3,262
Net−191

Where people come from and where they go, top counties

Within Utah, other states or abroad

Arrivals
Leavers
Within UtahOther statesAbroad

Income per tax return

Arrivals$268K
Leavers$140K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Summit County; flows under 20 returns are not published.

Who moves here
11.9% of residents arrived from another county in the past year, 3.5% from another state.
Who arrives and who leaves
Households moving into Summit County report $267,800 a year in income on average; those leaving, $139,500, so newcomers earn more than leavers.
Income you would need
$130,000 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $3,250 a month; owners with a mortgage pay $4,001 a month including taxes and insurance, on a median home of $2,000,001.
Getting to work
28 minutes each way on average; 31.9% work from home.
If it is close but not quite
Blackhawk, CA matches it on character. Compare the two
Moved here in the past year1
11.9%
107% above the median place
Income of households moving in5
$267,829
279% above the median place
Income of households moving out5
$139,515
99% above the median place
All 5 moving measures
MeasureSilver SummitAmong 6,645 placesVs median
Moved here in the past year111.9%107% above
Moved from another state1County figure3.5%74% above
Net movers per 1,000 people5County figure-4.6below (median -0.6)
Income of households moving in5County figure$267,829279% above
Income of households moving out5County figure$139,51599% above
02

What it costs to live here

Renters paying 30%+ is 0.0%, below the median place (median 50.6%).

Silver Summit16.1%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$130,000
a year, at the 30% line
Rent to income
16.1%
21% below the median place
Home price to income
8.3x
118% above the median place

Could you afford it?

The median rent would take
16%
comfortably under the 30% line
Left after rent, in US prices
$203,000
a year, prices not adjusted
Vs the typical household here
Same
as the median household

Uses the median rent in Silver Summit, $3,250 a month. It runs in your browser and stores nothing.

Like Silver Summit, but easier on the budget

Close matches on income, rent, home value, education and age, where rent takes a clearly smaller share of income.

PlaceRent to incomeMore left a year
Camino Tassajara, CA11.6% vs 16.1%n/aCompare

Moving from somewhere else? Work out the salary you would need in Silver Summit.

Sponsored · exampleMoving to Silver Summit? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Renters paying 30%+1
0.0%
below the median place (median 50.6%)
Median home value1
$2,000,001
above the median place (median $319,400)
Property tax rate1
0.4%
59% below the median place
All 14 cost and housing measures
MeasureSilver SummitAmong 6,645 placesVs median
Median gross rent1$3,250138% above
Rent to income116.1%21% below
Property tax rate10.4%59% below
Home price to income18.3x118% above
Fair market rent, 2 bedrooms2County figure$2,15333% above
Property tax paid (median)1$7,408127% above
Median home value1$2,000,001above (median $319,400)
Home prices, 1-year change3County figure2.2%32% below
Home prices, 5-year change3County figure59.8%16% above
Homeownership191.4%38% above
Renters paying 30%+10.0%below (median 50.6%)
Owner costs with a mortgage1$4,001114% above
Vacant homes1County figure40.8%above (median 7.1%)
Median year built120021% above
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Income per person1
$126,768
216% above the median place
Median household income1
$241,792
201% above the median place

More on work and pay, against the typical place

Works from home31.9% 2.6×
Poverty rate6.8% −37%
Mean commute28 min +14%
All 10 work and pay measures
MeasureSilver SummitAmong 6,645 placesVs median
Median household income1$241,792201% above
Income per person1$126,768216% above
Unemployment1County figure1.8%64% below
Average annual pay4County figure$69,7006% above
Pay growth, 1 year4County figure3.7%0% above
Jobs4County figure32,50678% below
Poverty rate16.8%37% below
Mean commute128 min14% above
Works from home131.9%156% above
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Homes with broadband is 98.5%, 7% above the median place.

Homes with broadband1
98.5%
7% above the median place
High school or higher1
98.4%
7% above the median place
Bachelor's or higher1
69.0%
115% above the median place
All 8 people measures
MeasureSilver SummitAmong 6,645 placesVs median
Population11,4766646th largest
Median age148.825% above
Bachelor's or higher169.0%115% above
High school or higher198.4%7% above
Household size12.78% above
Born abroad1County figure9.3%5% above
No health insurance1County figure7.3%14% above
Homes with broadband198.5%7% above
05

Life in Silver Summit

115 sites are on the National Register of Historic Places.

Out the door, against the typical place

Parks per 10k residents0.0 −100%
Playgrounds per 10k0.0 −100%
Grocery stores per 10k13.6 6.4×
Restaurants, cafes and bars per 10k13.6 +22%
Libraries per 10k0.0 −100%
Named paths and bike trails58 km 29.0×
Bus and rail stops per sq mi0.0 −100%

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

Businesses per 10,000 residents (county figures)

Restaurants and bars43.3 2.1×
Shops76.6 2.5×
Arts, recreation and fitness19.1 4.7×
Doctors' offices and clinics36.1 +79%
Child care centers3.3 +43%

Counts businesses with paid staff, so small owner-run shops are not included.

Shops per 10k6
76.6
153% above the median place
Restaurants and bars per 10k6
43.3
108% above the median place
Doctors' offices and clinics per 10k6
36.1
79% above the median place
All 16 schools and local life measures
MeasureSilver SummitAmong 6,645 placesVs median
Public schools9County figure24167% above
Public school students9County figure7,48553% above
Students per teacher9County figure17.010% above
Restaurants and bars per 10k6County figure43.3108% above
Shops per 10k6County figure76.6153% above
Arts, recreation and fitness per 10k6County figure19.1366% above
Doctors' offices and clinics per 10k6County figure36.179% above
Child care centers per 10k6County figure3.343% above
Parks per 10k70.0below (median 10.2)
Playgrounds per 10k70.0below (median 9.4)
Grocery stores per 10k713.6above (median 2.1)
Restaurants, cafes and bars per 10k713.622% above
Libraries per 10k70.0below (median 0.9)
Named paths and bike trails758.0above (median 2.0)
Transit stops per sq mi70.0below (median 0.2)
National Register listings8County figure115above (median 13)
06

Safety, weather and risk

Average temperature is 39°F, 28% below the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Silver Summit. Larger places are fetched first.

Average temperature10
39°F
28% below the median place
Heat wave risk11
14.0
84% below the median place
July average high10
75°F
14% below the median place
All 10 weather and risk measures
MeasureSilver SummitAmong 6,645 placesVs median
July average high10County figure75°F14% below
January average low10County figure12°F53% below
Average temperature10County figure39°F28% below
Annual precipitation10County figure26.0 in41% below
Natural hazard risk11County figure60.135% below
Tornado risk11County figure13.683% below
Wildfire risk11County figure96.558% above
Heat wave risk11County figure14.084% below
Median air quality index12Metro figure455% above
Good air days12Metro figure65.8%4% below
08

Silver Summit in 2030: where the trends point

If recent trends hold, the median rent will take about 16% of the median income in 2030, about the same as 16% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$3,250/mo (2024)$4,160/mo$3,420 to $5,070/mo+4.2%
Median household income$241,792 (2024)$317,000$267,500 to $375,000+4.6%
Median home value$2,000,001 (2024)$3,128,000$2,271,000 to $4,309,000+7.7%

The median home would be worth 9.9 years of the median income in 2030, against 8.3 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Silver Summit

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Blackhawk, CA$3,501$245,208Compare
Montecito, CA$3,501$231,005Compare
Alamo, CA$3,501$250,001Compare
Woodside, CA$3,501$250,001Compare
Woodside, CAAlamo, CAMontecito, CABlackhawk, CASilver Summit, UTSilver SummitMontecitoAlamoSilver SummitMontecitoAlamo

Common questions

Is Silver Summit a good place to live?

It depends on what you need, so here is what the numbers say. The median home is valued at $2,000,001, more than in 99% of the 2,480 places under 10,000 people we track. It is the highest of 96 Utah places. Only 0% of renter households spend 30% or more of income on rent, a lower share than in 98% of places its size. It is the lowest of 84 Utah places. On cost, space and class size it scores 81 out of 100 for families. See how it ranks with your own weights.

Is Silver Summit expensive to live in?

The median rent takes 16.1% of the median household income, against 20.4% in the typical place we track. Housing is a lighter load here than usual. The median home is valued at $2,000,001.

What salary do you need to live in Silver Summit?

To rent the median home without spending more than 30% of income on rent, a household needs about $130,000 a year. Work it out from your current city.

What places are similar to Silver Summit?

On income, rent, home value, education and age, the closest matches are Blackhawk, CA, Montecito, CA, Alamo, CA and Woodside, CA.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  3. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  4. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  5. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  6. County Business Patterns · US Census Bureau · 2023 data
  7. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  8. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  9. Common Core of Data · National Center for Education Statistics · 2024 release
  10. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  11. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  12. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Silver Summit with places of a similar size, using only figures measured for Silver Summit itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/silver-summit-utah

Citytistics. “Silver Summit, Utah.” Data as of 2026-11-14. https://www.citytistics.com/city/silver-summit-utah/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.