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Salt Lake City, UT
Full City Profile · Utah · Salt Lake County County
3.3
/5.0
B
Good
203,888
Population
1,839/sq mi density
$74,925
Median Income
$49,642 per capita
$495,700
Home Value
$565,484 Zillow
$1,343
Median Rent
29.5% income on rent
52°F
Avg Temperature
315 sunny days/yr
712
Violent Crime/100K
5,657 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$74,925 median income, 2.8% unemployment
C+
Affordability
2.9 / 5.0
$495,700 home value, $1,343/mo rent
F
Safety
1.0 / 5.0
712 violent crimes/100K (87% above avg)
A+
Education
5.0 / 5.0
50.9% bachelor's degree or higher
Housing Overview
Median Home Value
$495,700
76% above
US avg: $281,900
Median Rent
$1,343/mo
15% above
US avg: $1,163/mo
Homeownership Rate
46.8%
28% below US avg (65.4%)
Total Housing Units
93,105
Median year built: 1962
Home Value by Source
Census Median
$495,700
Zillow (ZHVI)
$565,484
Median Sale Price
$580,000
Median List Price
$575,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
46.8%
Owner-Occupied
53.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,259/mo
1 Bedroom
$1,456/mo
2 Bedroom
$1,747/mo
3 Bedroom
$2,333/mo
4 Bedroom
$2,666/mo
Census median rent:
$1,343/mo
· Zillow rent:
$1,592/mo
Market Indicators (Redfin)
Median Days on Market
62 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
121
Price Drops
23.4%
of listings with price reduction
Price Per Sq Ft
$343
Active Inventory
401
homes for sale
Affordability & Housing Stock
Rent Burden
29.5%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
46.8%
Complete Housing Data
Home Values
| Census Median Value | $495,700 |
| Zillow Home Value (ZHVI) | $565,484 |
| Median Sale Price | $580,000 |
| Median List Price | $575,000 |
| Price Per Sq Ft | $343 |
Rent
| Census Median Rent | $1,343 |
| Zillow Rent (ZORI) | $1,592 |
| FMR Studio | $1,259 |
| FMR 1-Bedroom | $1,456 |
| FMR 2-Bedroom | $1,747 |
| FMR 3-Bedroom | $2,333 |
| FMR 4-Bedroom | $2,666 |
Market
| Days on Market | 62 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 23.4% |
| Homes Sold | 121 |
| Active Inventory | 401 |
| Price Per Sq Ft | $343 |
Ownership & Stock
| Owner-Occupied | 46.8% |
| Renter-Occupied | 53.2% |
| Homeownership Rate | 46.8% |
| Total Housing Units | 93,105 |
| Median Year Built | 1962 |
| Rent Burden | 29.5% |