Riverton is a medium-sized city located in the state of Utah. With a population of 44,599 people and seven associated neighborhoods, Riverton is the 19th largest community in Utah. Riverton has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Riverton, where the median household income is $115,869.00.
Housing costs in Riverton 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 Riverton 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: 17.22% 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, Riverton is a great place for families with children to consider. First of all, many other families with children live here, making Riverton 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, Riverton has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Riverton’s overall crime rate is lower than average for the country.
The population of Riverton is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 36.59% of adults in Riverton have a bachelor's degree or even advanced degree.
The per capita income in Riverton in 2022 was $39,442, which is upper middle income relative to Utah and the nation. This equates to an annual income of $157,768 for a family of four.
Riverton is a somewhat ethnically-diverse city. The people who call Riverton home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Riverton residents report their race to be White, followed by Asian. Riverton also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.51% of the city’s residents. Important ancestries of people in Riverton include English, German, Danish, Irish, and Scottish.
The most common language spoken in Riverton is English. Other important languages spoken here include Spanish and Vietnamese.