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The average family size in Providence, UT is 3.66 residential members, with 86% being the owner of their very own residences. The average home value is $282031. For individuals renting, they pay out an average of $982 monthly. 56% of households have two sources of income, and a median domestic income of $80697. Median individual income is $31745. 6.8% of inhabitants live at or below the poverty line, and 8.5% are considered disabled. 5% of inhabitants are former members of the armed forces.
The labor pool participation rate in Providence is 63.5%, with an unemployment rate of 2.3%. For many within the work force, the average commute time is 17.7 minutes. 18.5% of Providence’s population have a graduate degree, and 30.5% have a bachelors degree. For all those without a college degree, 35.8% have some college, 13.8% have a high school diploma, and just 1.4% possess an education less than senior high school. 3.5% are not included in health insurance.