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The city of Orem was noted as the "Provo Bench" for many years. Orem City was incorporated in 1919 because residents recognized the need to develop a water system for the area. One of the cohesive influences in Orem has been the Sharon Community Educational and Recreational Association, better known as SCERA. SCERA was created in 1933 under the guidance of Arthur V. Watkins. The first major evolution in Orem began in the early 1940's when the Geneva Steel Works was constructed by the federal government as an inland producer of steel. Geneva ceased active production of steel at the plant in the approximately 1998.
The most recent demographic statistics for Orem City are dated in 2000. At that time, the population was 84,324 with a density of 4,572/sq. mi. Orem City is located 4,774 ft. above sea level. There were 23,382 households in Orem as of 2000, out of which 48.8% had children under the age of 18 living with them. The median household income in Orem was $47,529, approximately 5.8% of the population was below the poverty level. The median age in Orem at the time was 24 years old.
As of December 12, 2008 there were a total of 415 homes sold in the calendar year in the City of Orem. Of these sales, 176 were condo sales. During the same time for the year there were 1524 homes listed in Orem. The average days on the market for the year was 77. 248 out of the 415 sales were between the price range of $140,000 and $350,000.
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