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Millcreek, UT

Full City Profile · Utah · Salt Lake County County

3.5 /5.0
B+ Good
63,342 Population 4,910/sq mi density
$98,502 Median Income $54,340 per capita
$579,300 Home Value $628,769 Zillow
$1,444 Median Rent 28.8% income on rent
53°F Avg Temperature 282 sunny days/yr
869 Violent Crime/100K 6,722 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$98,502 median income, 2.8% unemployment
B
Affordability
3.4 / 5.0
$579,300 home value, $1,444/mo rent
F
Safety
1.0 / 5.0
869 violent crimes/100K (129% above avg)
A+
Education
5.0 / 5.0
53.9% bachelor's degree or higher

Housing Overview

Median Home Value
$579,300
105% above
US avg: $281,900
Median Rent
$1,444/mo
24% above
US avg: $1,163/mo
Homeownership Rate
63.4%
3% below US avg (65.4%)
Total Housing Units
27,520
Median year built: 1972

Home Value by Source

Census Median
$579,300
Zillow (ZHVI)
$628,769
Median Sale Price
$599,000
Median List Price
$649,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

63.4%
Owner-Occupied
36.6%
Renter-Occupied
63%
37%
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: $1,444/mo · Zillow rent: $1,405/mo

Market Indicators (Redfin)

Median Days on Market
90 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
43
Price Drops
23.8%
of listings with price reduction
Price Per Sq Ft
$291
Active Inventory
143
homes for sale

Affordability & Housing Stock

Rent Burden
28.8%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
63.4%

Complete Housing Data

Home Values

Census Median Value$579,300
Zillow Home Value (ZHVI)$628,769
Median Sale Price$599,000
Median List Price$649,900
Price Per Sq Ft$291

Rent

Census Median Rent$1,444
Zillow Rent (ZORI)$1,405
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 Market90
Sale-to-List Ratio1.0%
Price Drops23.8%
Homes Sold43
Active Inventory143
Price Per Sq Ft$291

Ownership & Stock

Owner-Occupied63.4%
Renter-Occupied36.6%
Homeownership Rate63.4%
Total Housing Units27,520
Median Year Built1972
Rent Burden28.8%