Foreclosures in Utah increased in 2009 over the prior year. There was a total of 27,140 properties with foreclosure filings. That works out to a rate of one filing for every 34 households, which compares to the United States average of 45, and is almost three percent of the state's housing units.
Utah is the 34th largest U.S. state by population, with 2,736,424 people (in 2008). Its 84,889 square miles make it the 13th largest state by area. Median household income in 2008 was $56,633.
Utah is enjoying an economic renaissance as it attempts to transform itself from a farming- and natural resources-based economy into a modern corporate center. The State New Economy Index said that Utah is the top state for "economic dynamism." This is a reflection of its increasingly global, technology-driven economic expansion. Mining, including coal, and fossil fuels including oil are both significant industries in the state. When Utah hosted the 2002 Winter Olympics in Salt Lake City, it sparked tourist activity that has continued to grow. Utah boasts five national parks including Zion and Bryce Canyon, and hosts the Sundance Film Festival.
