Municipal housing dashboardPark City Municipal • August 2026

Park City’s housing goal, pipeline, and remaining gap

Affordable rental and for-sale housing delivery toward the 2032 goal, with the latest Park City Municipal figures and every remaining reconciliation issue shown.

Why this page exists

Keep the City’s reported figures intact while making their status, arithmetic, and remaining questions visible in one place.

2032 goal

1,864 affordable rental and for-sale units for Park City’s workforce

City Council reaffirmed in 2025 that Park City should house 15% of its projected 2032 workforce.

2016 goal

800 new units by 2026

The original City Council commitment was to house 15% of the workforce.

2025 reaffirmation

1,864 total units by 2032

The updated total remains equal to 15% of the projected workforce.

Verified

Operating + under construction

1,001

829 operating and 172 under construction.

Including listed proposed estimates77.7%

447 proposed units are listed across 5-Acre, Clark Ranch, and HOPA.

Verified

City-stated remaining need

416units

Derived

Mathematical remainder

416units

Housing pipeline

From occupied homes to the unresolved gap

The three listed proposals total 447 units. The 416-unit mathematical remainder now matches the City-stated remaining need exactly.

Operating

Verified

829

44.5% of goal

Under construction

Verified

172

9.2% of goal

Listed proposed estimates

Verified

447

24% of goal

City-stated remaining need

Verified

416

22.3% of goal

Project tracker

What is moving—and what still needs confirmation

The proposed estimates—5-Acre, Clark Ranch, and HOPA—total 447 units and roll up above. Under-construction rows now carry their August 2026 project-level counts.

Engine House

Operating

99

All 99 affordable units are leased; counted in the 829 operating total.

Park City Municipal, August 2026

Verified

Studio Crossing

Construction

156

Mixed-use affordable housing moving through construction and lease-up.

Park City Municipal, August 2026

Verified

Founders Place

Construction

2

Two units under construction counted in the municipal tracker.

Park City Municipal, August 2026

Verified

Park City Heights

Construction

11

Existing deed-restricted homes in city totals, with 11 further units under construction.

Park City Municipal, August 2026

Verified

516 Marsac

Construction

3

Rehabilitation of a municipal property for employee rental housing.

Park City moderate-income housing plan

Verified

5-Acre

Proposed

88

Proposed estimate for the Bonanza Park site: 88 affordable of 106 total rental units, per the project website.

Park City Municipal, July 31, 2026 • 5acresite.com

Verified

Clark Ranch

Proposed

164

Proposed estimate of mixed rental and for-sale affordable housing on city-owned land.

Park City Municipal, August 2026

Verified

HOPA

Entitled / unfunded

195

Entitled but unfunded affordable housing proposal that is currently being re-evaluated.

Park City Municipal, July 31, 2026

Verified

Project spotlight: 5-Acre

106 rental units proposed for 5.27 acres in Bonanza Park

Figures from the project website (5acresite.com, retrieved August 11, 2026). Only the 88 affordable units count toward the 2032 goal; the 18 unrestricted units do not.

Verified

Site area

5.27acres

Verified

Rental units

10688 affordable

Verified

Local workers housed

144–198

Verified

Underground parking

280spaces

Units by affordability tier

Verified
  • 40% AMI
    14
  • 50% AMI
    21
  • 60% AMI
    30
  • 70% AMI
    14
  • 80% AMI
    9
  • Unrestricted
    18

Unit mix: 30 × 1 bedroom, 52 × 2 bedrooms, 24 × 3 bedrooms. Reduced from an earlier 156-unit concept.

Stated project timeline

Verified
  1. May 2026

    Submit land use applications

  2. November 2026

    Pre-development agreement; begin construction documents

  3. November 2026

    Powerline undergrounding complete

  4. December 2026

    Submit to plan check; begin financing

  5. December 2027

    Begin construction

  6. Winter 2029

    Grand opening

Milestones as stated by the project website, not verified delivery status. Funded by the Transient Room Tax paid by overnight visitors. The City's anticipated contribution is roughly half of what was contemplated for the original Arts & Culture District concept.

Open space is stated as 60% on the project homepage and approximately 62% in its FAQ — an unresolved discrepancy in the source itself.

Needs confirmation

Occupancy & demand

A nearly full system serving a commuter workforce

High stabilized occupancy signals very little slack. Wait-time and lease-up measures remain explicit data gaps in the available sources.

Verified

Stabilized occupancy

~99%

Check

Typical wait time

Needs data

Check

Vacancy and lease-up

Needs data

Verified

Workforce living locally

~12%

Affordability gap

What market rents ask of a household

Required income assumes housing costs equal 30% of gross annual income. Missing bedroom rows stay visibly incomplete.

Park City rent and required household income by bedroom count
HomeMonthly rentRequired incomeData quality
Studio$2,142$85,680Derived
1 bedroomNeeds confirmationNeeds confirmationNeeds confirmation
2 bedroomsNeeds confirmationNeeds confirmationNeeds confirmation
3 bedrooms$3,800$152,000Derived
The available endpoints span from approximately $85,680 for a studio to $152,000 for a three-bedroom home.

Workforce Wage tiers

Eligibility now runs on the Workforce Wage, not AMI

Resolution 12-2025 replaced federal AMI with a locally derived Workforce Wage (WFW) because wealthy part-time residents skew HUD's AMI upward. Income figures are 2025 values for a three-person household and are reviewed annually.

Verified

Affordable Rental

Up to 100% WFW

56% AMI: household income up to $85,646.

Verified

Affordable For-Sale

Up to 125% WFW

80% AMI: household income up to $121,392.

Verified

Attainable

126–213% WFW

81–120% AMI: $122,909 to $182,088.

Verified

Workforce living in city limits

12%

Current tracker estimate against a 15% 2032 goal.

Master Planned Development residential projects must provide affordable units equal to 20% of total residential unit equivalents; commercial development mitigates 20% of employees generated. How the counties compare is on the regional housing policy page.

Verified

Workforce & economy

Summit County adds jobs far faster than it adds people

Employment, wage, commuting, and migration measures from the Summit County Economic Development & Housing Department / Lightcast, Q2 2026 Data Set. Values shown with ≈ are estimated from the report's charts rather than a printed table.

Total regional employment (2025)

Verified

35,910

Up 24.6% since 2020 (from 28,824), versus 10.6% national growth.

Population (2025)

Verified

43,178

Grew only 1.6% since 2020.

Median household income (2024)

Verified

$138.1K

Countywide median across all households, not workforce households alone.

Unemployment rate (Feb 2026)

Verified

2.84%

Effectively full employment across Summit County.

Labor force participation

Verified

80.55%

Rose from 68.89% in 2021 to 80.55% in February 2026.

The jobs-versus-housing gap

Jobs grew 24.6% between 2020 and 2025 while population grew 1.6%. The difference is filled by in-commuters. Lower Park City (84060) holds 14,338 jobs but only 5,740 resident workers — roughly 8,600 net in-commuters every working day. That is the same shortfall the City’s goal of housing 15% of its workforce inside 84060 is meant to close.

Verified

84060 Lower Park City

+8,598 net in-commuters

Jobs
14,338
Resident workers
5,740

84098 Snyderville Basin / Kimball Junction

+1,009 net in-commuters

Jobs
15,391
Resident workers
14,382

84036 Kamas

-1,655 net out-commuters

Jobs
3,590
Resident workers
5,245

84017 Coalville

-1,466 net out-commuters

Jobs
1,360
Resident workers
2,826

84055 Oakley

-297 net out-commuters

Jobs
647
Resident workers
944
Place of work versus place of residence by ZIP code, 2025
ZIPAreaJobsResident workersNet
84060Lower Park City14,3385,740+8,598
84098Snyderville Basin / Kimball Junction15,39114,382+1,009
84036Kamas3,5905,245-1,655
84017Coalville1,3602,826-1,466
84055Oakley647944-297

Employment by industry

Derived
Accommodation & Food Services
≈7,700
Arts, Entertainment & Recreation
≈4,200
Retail Trade
≈3,800
Construction
≈3,300
Government
≈3,200
Health Care & Social Assistance
≈2,300
Other Services
≈2,050
Professional / Scientific / Technical
≈1,950
Real Estate & Rental / Leasing
≈1,550
Admin & Support
≈1,400
Manufacturing
≈1,000
Estimated jobs by industry, 2025
IndustryJobs
Accommodation & Food Services≈7,700
Arts, Entertainment & Recreation≈4,200
Retail Trade≈3,800
Construction≈3,300
Government≈3,200
Health Care & Social Assistance≈2,300
Other Services≈2,050
Professional / Scientific / Technical≈1,950
Real Estate & Rental / Leasing≈1,550
Admin & Support≈1,400
Manufacturing≈1,000

The top three sub-industries are Other Amusement and Recreation Industries, Traveler Accommodation, and Restaurants and Other Eating Places.

Earnings per worker by industry

Derived
Finance & Insurance
≈$285,000
Management of Companies
≈$235,000
Utilities
≈$195,000
Information
≈$160,000
Professional / Scientific / Technical
≈$130,000
Government
≈$95,000
Real Estate
≈$88,000
Health Care
≈$83,000
Construction
≈$78,000
Arts / Entertainment / Recreation
≈$60,000
Retail
≈$52,000
Accommodation & Food Services
≈$45,000
Estimated annual earnings per worker by industry
IndustryEarnings per worker
Finance & Insurance≈$285,000
Management of Companies≈$235,000
Utilities≈$195,000
Information≈$160,000
Professional / Scientific / Technical≈$130,000
Government≈$95,000
Real Estate≈$88,000
Health Care≈$83,000
Construction≈$78,000
Arts / Entertainment / Recreation≈$60,000
Retail≈$52,000
Accommodation & Food Services≈$45,000

The county’s two biggest employment sectors are also among its lowest-paid — a 6x wage spread inside one economy. At the occupation level, median hourly pay runs from ≈$51.50 (Computer & Mathematical) down to ≈$16.50 (Food Prep & Serving; Personal Care & Service).

Migration, 2023

Verified

-174net migration

Wasatch County was both the #2 source of new residents (278 in) and the #2 destination for leavers (433 out) — a net loss of 155 people to Wasatch County alone. Salt Lake County ran 515 in against 672 out. Read together with the commuting figures, this is evidence of workers being priced outward while their jobs stay here.

County-to-county migration flows, 2023
CountyInOutNet
Wasatch County278433-155
Salt Lake County515672-157

Who employs this workforce

Verified
Largest employers by worker profiles in Summit County
EmployerWorker profilesPostings (12 mo)
Deer Valley Resort434718
Intermountain Health295236
Park City School District278
University of Utah188
Vail Resorts180
Park City Municipal Corporation154

9,644

Companies employing county workers

979

Posted jobs in last 12 months

65%

Local businesses with under 10 employees

Methodology: exact figures are transcribed from the Lightcast report’s printed data tables and marked Verified. Figures shown with ≈ are estimated from the report’s charts where no table was printed and are marked Derived. The Lightcast report covers all of Summit County — both ZIP areas — not Park City limits alone. Source: Summit County Economic Development & Housing Department / Lightcast, Q2 2026 Data Set.

Data quality

Show the confidence, not just the number

The tracker becomes more useful when a resident or decision-maker can tell what is sourced, calculated, or still unresolved.

Verified

Directly stated in the supplied tracker or an attributable municipal source.

Derived

Calculated from sourced values, with the arithmetic described on the page.

Needs confirmation

A placeholder, range, stale status, or unresolved conflict requiring confirmation.

Source register

  • Park City Municipal housing update — July 31, 2026Goal, operating, construction, proposed-estimate, and remaining-need figures supplied directly by Park City Municipal.
  • Park City Municipal housing tracker — August 2026Updated Clark Ranch estimate, Engine House lease-up, and project-level under-construction counts.
  • Earlier PCMC affordable housing trackerUsed only for project and market measures not included in the July 31 update.
  • Park City affordable housing overviewOpen source
  • Park City affordable housing cumulative totalsOpen source
  • Park City FY27 approved budgetOpen source
  • Bonanza 5-Acre Site project website — retrieved August 11, 2026Open source
  • Resolution 12-2025 — Affordable Housing Guidelines (Workforce Wage tiers)Open source
  • Summit County Economic Development & Housing Department / Lightcast, Q2 2026 Data SetOpen source

The August 2026 tracker’s Clark Ranch estimate of 164 units closed the earlier 32-unit gap: the mathematical remainder now equals the City-stated 416-unit need. Next reconciliation step: Studio Crossing’s completed-unit count and current occupancy.