23. Utah – Park City
Population: 8,000 | Income: $120,000 | Home Value: $1,500,000
Park City is a high-end mountain resort town known for its global ski industry, luxury tourism, and seasonal wealth concentration. It has a relatively small permanent population, but property ownership is heavily influenced by wealthy second-home buyers, including celebrities, investors, and high-net-worth individuals from across the United States. The local economy is driven by skiing, hospitality, real estate, and seasonal events that attract international visitors. Limited buildable land in the surrounding mountains restricts housing supply, which increases long-term property values. Even though median household income is moderate compared to coastal tech hubs, wealth concentration in real estate is extremely high.
