County profile
Summit County, UT
United States · GDP 2024
#645 of 3,127 US counties by GDP65th-percentile growthmore diversified than 71% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$6.1B
BEA · 2024
GDP growth (YoY)
+5.7%
BEA · 2024
Jobs tracked
33,144
Census CBP · 2023
Employers
2,810
Census CBP · 2023
Avg. wage
$63.9k
BLS QCEW · 2023
Population
43,141
Census PEP · 2025
Labor, income & education
Unemployment
3.4%
Median HH income
$138.1k±$7.4k
Bachelor's degree+
59.8%±2.6%
Poverty rate
4.9%±1.0%
Business applications
1,461 · 2025
Retail establishments
329
76.1/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Innovative Industrial Properties, Inc.Real Estate$266.0M56C2NRP Stone Inc.Industrials$260.9k42D3Vendome Acquisition Corporation IFinancial Services———HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Food & accommodation34%
Arts & recreation21%
Retail trade18%
Construction12%
Real estate7%
Health care7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
43,141
residents · 2025 · +1.6% since 2020
Income per capita $280.5k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−1,387
International migration+959
Natural change+1,052
GDP trend
2019–2024 · nominal
$3.8B2019
$3.8B2020
$4.6B2021
$5.3B2022
$5.8B2023
$6.1B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$1.1M±$52.7k
Median gross rent
$2.0k/mo±$189/mo
Vacancy rate
40.8%±1.6%
Affordability
16.7× wages
Residential permits
$403.2M
563 units · 13.1/1k pop
FEMA risk score
60.1
HUD Fair Market Rent (2BR):$2.2k/mo · 2026
TOP PERILS · FEMA NRI
Avalanche 98Wildfire 97Landslide 92
FHFA HOUSE PRICE INDEX · 2016–2025
4242016
4562017
4872018
5302019
5512020
6272021
7682022
8192023
8622024
8802025
RESIDENTIAL PERMITS · 2021–2025
↑ 28% since 20214392021
5602022
3332023
9192024
5632025
Transport access
BTS · FAA · USACE
Nearest interstate
33.6 km
I-80
Nearest freight rail
33.6 km
UP
Nearest port
785.7 km
LEWISTON IDAHO
Nearest commercial airport
86.4 km
SALT LAKE CITY INTL
Filing activity
SEC EDGAR7 filings from 2 companies here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$63.9k
avg. annual pay · +33% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Summit?
Summit's economy produced $6.1B in 2024, growing 5.7% year over year — faster than most US counties. Its largest employment sector is food & accommodation.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.