The population of Park City does not fully reflect its consumption demand. Most residential units are second homes. In order to accurately measure consumption, one needs to consider the total land area annexed, as well as regional strategies and nodal development in the surrounding areas. Another factor to consider is the values of the community.
In calculating population density, Park City uses two different methods. The first is known as population density, which is the number of people living within a certain area. The second method, called land use density, divides the number of housing units by the number of acres. This approach is often used to fine tune the growth options of an area. It can also help assess traffic problems and display future demand patterns. Lastly, it can be used to evaluate transit assumptions and parking infrastructure.
Another way to estimate population density is by using historical data. Census Bureau data shows that Park City had about 8.38k residents in 2019. The median age was 40 and the median household income was $111,000 per person. The demographics of New Park City are mainly Two+ (Hispanic) (2.47%) and Black or African American (Non-Hispanic) (2.43%). Furthermore, there are zero households that speak a language other than English.
The economy in Park City is heavily reliant on the leisure and hospitality industry. This industry accounts for the majority of employment opportunities in Park City and Summit County. However, it does have a more varied distribution of workers than many other industries in the area.