The City of Orem was organized in 1919 and named after Walter C. Orem, President of the Salt Lake and Utah Railroad. Orem is located on the eastern shore of Utah Lake and extends easterly to the foothills of Mount Timpanogos. As the fifth-largest City in Utah, Orem is located in the center of the Provo-Orem MSA with an estimated population of over 633,000* people. The Orem-Provo Metro area was recently ranked as the #1 Best-Performing Large City for two years in a row by the Milken Institute(2021 and 2022). The Milken Institute cited Orem’s outstanding job growth, wages, and high-tech GDP. Orem also ranked in the top 20 Best Small Cities for Starting a Business in 2021 by WalletHub.
Orem is also home to Utah Valley University and within five minutes of Brigham Young University with a combined total of over 75,000 students, ensuring that the city’s workforce needs will be well-cared for as the economy continues to grow. Housing, education, and employment opportunities continue to be in high demand as Orem’s population has surpassed 98,000 residents*.
The City of Orem is focused on helping it’s 5,000+ businesses succeed. National retail giants such as Wal-Mart, Target, and Costco all operate in Orem. Orem is also a hotbed for technology companies. Many high-profile, internationally recognized companies such as Novell, WordPerfect, PowerQuest, and MyFamily.com all got their start in Orem, signifying the city’s continuing innovative and successful entrepreneurial spirit. Manufacturing companies have also found success in Orem. Orem is home to nationally known companies including US Synthetic, Blendtec, and Mity Lite.
*2021 U.S. Census Bureau