Median home price in Salt Lake City: $480,000. Property tax rate: 0.58%. Get mortgage estimates, affordability analysis, and local market insights.
Population
211,888
Median Home Price
$480,000
Property Tax Rate
0.58%
Median Income
$64,138
Cost of Living
110/ 100
The median home price in Salt Lake City, UT is $480,000. Prices vary considerably by neighborhood, with some areas commanding premiums well above the median. Comparing the median price to the local median household income of $64,138 gives you a price-to-income ratio that helps gauge overall affordability.
Homeowners in Salt Lake City pay an effective property tax rate of 0.58%. On a home priced at $480,000, that translates to thousands of dollars per year. Factor in homeowners insurance, potential HOA fees, and maintenance costs when budgeting for your purchase.
With the median home price at $480,000, most buyers in Salt Lake City will need a mortgage. A 20% down payment would be significant in this market. Get pre-approved early and compare rates from multiple lenders. Our mortgage calculator can help you estimate monthly payments based on current rates.
Salt Lake City offers a range of neighborhoods from urban cores to suburban enclaves. The overall cost of living index of 110 reflects the average, but specific neighborhoods can differ widely. Research school ratings, commute times, and future development plans before choosing where to buy.
Use our free calculator with Salt Lake City-specific data already filled in.
Open Salt Lake City CalculatorPlanning a move to Salt Lake City? Cost of living index: 110/100. Median home: $480,000. Median income: $64,138. Get the full relocation breakdown.
Salt Lake City cost of living index: 110/100 (100 = national avg). Median home $480,000, median income $64,138. See housing, groceries & more.
Median household income in Salt Lake City: $64,138. Cost of living index: 110/100. See how far your salary really goes and compare local job market data.
Property tax rate in Salt Lake City: 0.58%. Median home price: $480,000. Calculate your annual bill, compare to state averages, and find exemptions.
Should you rent in Salt Lake City? Cost of living index: 110/100. Median income: $64,138. See how much rent you can afford and where to look.
What does commuting cost in Salt Lake City? Population: 211,888. Median income: $64,138. Compare transit, driving, and biking options with real local data.
Median home in Salt Lake City: $480,000. Tax rate: 0.58%. Compare Salt Lake City neighborhoods by price, schools, and lifestyle to find the right fit.