Salt Lake County
Utah · Pop. 1,185,238
Ranked #148 of 200 counties
32Crisis
Median Home Price
🏠$520K
2.5% YoY
Median Rent
🔑$1,600
Median Income
💰$78K
Rent Burden
📊28.5%
% of income to rent
Housing Shortage
🏗️15,000
estimated unit deficit
Building Permits (2024)
📋8,500
Price-to-Income Ratio
⚖️6.7x
Homeownership Rate
🏡64.0%
How Salt Lake County Compares
| Metric | Salt Lake County | Utah | National |
|---|---|---|---|
| Home Price | $520K | $518K | $410K |
| Rent | $1,600 | $1,551 | $1,500 |
| Income | $78K | $93K | $75K |
| Rent Burden | 28.5% | 31.0% | 30.0% |
| Homeownership | 64.0% | 70.0% | 65.0% |
Key Takeaways
- • Home prices are 27% above the national average.
- • Rent is 7% above the national average.
- • The county has an estimated housing shortage of 15,000 units.
- • 8,500 building permits were issued in 2024.
- • Year-over-year home prices changed by 2.5%.