Saratoga Springs is a medium-sized city located in the state of Utah. With a population of 49,354 people and six associated neighborhoods, Saratoga Springs is the 24th largest community in Utah. There's nothing like the smell of a brand new house, and in Saratoga Springs, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Saratoga Springs, and putting down their money on brand new construction. Saratoga Springs’s real estate is, on average, some of the newest in the nation. Saratoga Springs does seem to be experiencing an influx of affluent people, because the median household income is $117,005.00.
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 19.08% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
Because of many things, Saratoga Springs is a great place for families with children to consider. First of all, many other families with children live here, making Saratoga Springs a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Saratoga Springs has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Saratoga Springs’s overall crime rate is lower than average for the country.
The citizens of Saratoga Springs are among the most well-educated in the nation: 49.50% of adults in Saratoga Springs have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Saratoga Springs in 2022 was $32,100, which is middle income relative to Utah and the nation. This equates to an annual income of $128,400 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 10.11% of the city’s residents. Important ancestries of people in Saratoga Springs include English, German, European, Irish, and Danish.
The most common language spoken in Saratoga Springs is English. Other important languages spoken here include Spanish and Chinese.