If you live in Highland, Utah, you may be wondering how to get low-cost car insurance. You can find the best rates by getting multiple quotes. This article will give you information about the average car insurance rates in Highland and what percentage of the population owns their home. You can also learn about the average home value in Highland, UT.
Population of Highland, UT
The Population of Highland, Utah is estimated to reach 20,112 people in 2020. This makes it the 42nd largest city in Utah and the 2277th largest city in the United States. The city is growing at an average rate of 1.94% per year. The growth rate is lower than the national average of 10.3%. The city spans a total area of 9 square miles and has a population density of 2,327 people per square mile.
The population of Highland has grown substantially since the beginning of the twentieth century. The area's population increased from 53.5 people per square mile in the 1960s to 107.2 persons per square mile in 1980. The population of the town increased from 985 to 12,101 in just over three decades. This population increase reflects the changes that took place in the population of the area during the computer revolution.
The population of Highland, Utah is overwhelmingly white. The city's economy is driven by manufacturing and technology. The population of the area is largely made up of Utah County residents. The area's median income is $36,000 per year. Its poverty rate is 1.19% among full-time and part-time workers. The poverty rate among the unemployed is 4.54%. The age group in which males and females are most likely to marry is 45-54. The area's non-citizen population includes legal residents, international students, temporary workers, and illegal immigrants.
The county was settled by Native Americans and Mormon groups during the nineteenth century. The city was able to adapt to its new age, and in recent years it has celebrated two significant historical milestones. During the twentieth century, residents of the community celebrated the anniversaries of the Civil War and the birth of Utah Statehood.
The LDS Church has been important to the area's history. It provides spiritual training, building space, and salaries for high school teachers. The city was home to several prominent Mormons, such as Mormon leader Spencer Spaulding.
Average car insurance rates in Highland, UT
The average cost of car insurance in Highland, Utah is $1,387 per year for a single vehicle. This rate is considerably higher than the national average, but there are ways to lower your insurance costs. First, you should shop around and compare multiple quotes. The cost of insurance can vary significantly depending on the type of coverage you need. For example, if you only need liability coverage for your car, it will be less expensive to get liability-only insurance than full coverage. Likewise, if you want to get the most protection, you'll want to consider buying full coverage and SR-22 insurance.
Your driving record also has a huge impact on your premiums. Drivers with violations on their records will be charged higher premiums than drivers with clean records. A single speeding ticket can increase your premium by more than two hundred dollars, according to MoneyGeek's analysis. If you have multiple traffic violations, such as a DUI, then your premium will be even higher. However, if you pay your premiums in full each month, you'll be able to keep your rates low. In addition, many insurance companies offer discounts for taking defensive driving classes.
If you have multiple cars and live in a safe neighborhood, you may want to consider getting extra insurance for each vehicle. If you have a family, consider how much coverage you need, and consult an insurance agent to find the right policy for you. In general, average car insurance in Highland, Utah is $483 for minimum liability insurance and $1290 for full coverage, but these prices are higher than the national average.
Young drivers in Utah should look for lower-cost car insurance. Farmers Bureau Insurance is the best option for drivers under 25. Its annual minimum coverage rate for young drivers is $1,511. Bear River Mutual is the next-cheapest option, with rates about 26% lower than the next-cheapest quote. Because young drivers are more likely to be involved in an accident, insurers see them as risky investments. On average, young drivers in Utah pay three times more for insurance than 30-year-olds.
Insurance companies will often use your credit score to determine your premium. A good credit score will help you save money, while a poor one will result in a higher premium. According to the Utah Department of Insurance, drivers with good credit will spend an average of $1,747 less each year than those with poor credit. Poor credit drivers should pay extra attention to their credit information and pay off credit cards on time. Any mistakes on your credit report may lead to an increase in your premium. Fortunately, there are several affordable car insurance policies for those with poor credit.
Owner-occupation percentage of Highland, UT residents
Owner-occupation percentage is an important indicator of a place's real estate market. In Highland, Utah, about 9% of people live in homes they own without a mortgage. For comparison, the renter-occupation ratio is just 10.1%. As a result, Highland is a desirable place to live if you're looking for an affordable rental.
Highland is a good place for families with children, thanks to its public school district and large population of college-educated residents. This community also has a lower crime rate than the national average and has many single-family homes that have enough space for children to play. The median household income of Highland, UT is $131,038 and is higher than the national average.
The average Highland, UT resident is 24 years old. There are about 50 percent of residents who are US citizens, and only 2% are foreign-born. While the majority of residents are white, there are also significant minority populations. For example, nearly a quarter of the residents of Highland, UT speak a language other than English at home. Of these, 2.6% of the population speaks Spanish at home. Further, there are 7,916 people from other countries that speak a language other than English.
According to the U.S. Census Bureau, Utah is one of the fastest-growing states in the country, with a high birth rate and a low death rate. It is also one of the top ten in terms of in-bound migration. The young, vibrant population and the strong economy make this state an attractive place to live. The state's labor market boasts over 1.6 million people and the unemployment rate is just 2.5%.
Housing market statistics for Highland, UT show that most Highland residents live in their own homes. According to the American Community Survey, there are 4,876 housing units in the city. Among these, the most common type of housing units is single-family homes. The rest of the population consists of condominiums and apartment buildings. The Highland population is made up of both renters and home-owners.
Highland is a desirable place to live if you own a home. This area has the lowest renter-household ratio, at 3.3. In comparison, Cedar Hills has the highest renter-housing ratio of 3.7.
Average home value of Highland, UT residents
While there are a lot of great things about owning a home in Highland, UT, the location of a home can be just as important. If you're buying a home for the first time, or relocating, you should learn more about the neighborhood you're considering. After all, homeownership is a long-term relationship, and you want to make sure it's a good fit.
The median property value in Highland, UT is currently $599,700, which is more than two-and-a-half times the national average. The median home value in Highland, UT is $205 per square foot. Homes in Highland sell quickly - on average within five to seventeen days - and often for more than the asking price. The homeownership rate is 89.9%, and homes in Highland tend to sell for more than their list price.
The price of real estate in Highland is rising faster than the national average. A typical single-family home in Highland will be worth $754,530 by March 2021. Home prices in the area are growing rapidly because of the strong demand for housing. With a strong job market and a growing population, Highland is expected to continue to grow.
Highland is a small, but growing community in north-central Utah. It's part of Utah County. It is a predominantly rural town with a population of 17,544. It has been the home of many Scottish Mormons since the 1870s. The population of Highland, UT is growing at an annual rate of 1.94%. It is the fifth-most populous city in Utah County and has an average home value of $622,293.
Highland, UT's median household income is $62,843; thus, housing in the city is not cheap. The average home value of a single-family home is 4.4 times higher than the median household income, which is $139,453. A typical Highland single-family home is priced at $139,453, which makes the cost of housing in the community a little higher than the national average.
The county tax system is based on property valuation. Every five years, county assessors are required to physically inspect all property in the county. This is used to determine a property's full market value. Adjusted for sales data and other factors, this figure is then used for local tax rates.