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Granite, UT

Full City Profile · Utah · Salt Lake County County

2.8 /5.0
C+ Fair
813 Population 789/sq mi density
$99,375 Median Income $65,075 per capita
$978,500 Home Value $766,615 Zillow
$1,672 Median Rent 45.5% income on rent
53°F Avg Temperature 308 sunny days/yr
122 Violent Crime/100K 2,204 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$99,375 median income, 6.3% unemployment
F
Affordability
1.1 / 5.0
$978,500 home value, $1,672/mo rent
F
Safety
1.0 / 5.0
122 violent crimes/100K
A+
Education
5.0 / 5.0
61.4% bachelor's degree or higher

Housing Overview

Median Home Value
$978,500
247% above
US avg: $281,900
Median Rent
$1,672/mo
44% above
US avg: $1,163/mo
Homeownership Rate
80.9%
24% above US avg (65.4%)
Total Housing Units
263
Median year built: 1978

Home Value by Source

Census Median
$978,500
Zillow (ZHVI)
$766,615
Median Sale Price
$1,660,625
Median List Price
$1,424,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.9%
Owner-Occupied
19.1%
Renter-Occupied
81%
19%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$981/mo
1 Bedroom
$1,082/mo
2 Bedroom
$1,313/mo
3 Bedroom
$1,746/mo
4 Bedroom
$2,105/mo
Census median rent: $1,672/mo

Market Indicators (Redfin)

Median Days on Market
71 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$300
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
45.5%
of renters spending 30%+ of income on housing
47% above US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
80.9%

Complete Housing Data

Home Values

Census Median Value$978,500
Zillow Home Value (ZHVI)$766,615
Median Sale Price$1,660,625
Median List Price$1,424,500
Price Per Sq Ft$300

Rent

Census Median Rent$1,672
FMR Studio$981
FMR 1-Bedroom$1,082
FMR 2-Bedroom$1,313
FMR 3-Bedroom$1,746
FMR 4-Bedroom$2,105

Market

Days on Market71
Sale-to-List Ratio1.0%
Price Drops100.0%
Homes Sold2
Active Inventory1
Price Per Sq Ft$300

Ownership & Stock

Owner-Occupied80.9%
Renter-Occupied19.1%
Homeownership Rate80.9%
Total Housing Units263
Median Year Built1978
Rent Burden45.5%