West Jordan, UT
Salt Lake County ยท Pop. 116,961
Ranked #148 of 243 cities
36Crisis
Median Home Price
๐$420K
2.5% YoY
Median Rent
๐$1,500
2.0% YoY
Median Income
๐ฐ$72K
Rent Burden
๐28.0%
% of income to rent
Income to Buy
๐ฆ$121K
annual income needed
Income to Rent
๐$60K
annual income needed
Price-to-Income
โ๏ธ5.8x
Homeownership
๐ก68.0%
Rent vs. Buy
Buy
$2,235/mo
Est. mortgage (7%, 20% down)
Need $121K/yr income
Rent
$1,500/mo
Median rent
Need $60K/yr income
How West Jordan Compares
| Metric | West Jordan | Utah | National |
|---|---|---|---|
| Home Price | $420K | $518K | $410K |
| Rent | $1,500 | $1,551 | $1,500 |
| Income | $72K | $93K | $75K |
| Rent Burden | 28.0% | 31.0% | 30.0% |
Key Takeaways
- โข Home prices in West Jordan are 2% higher than the national average.
- โข Rent is about average than the national average.
- โข You need an income of $121K to comfortably buy a home here.
- โข The homeownership rate is 68.0%, compared to 65.0% nationally.