Utah County
Utah · Pop. 684,986
Ranked #119 of 200 counties
38Crisis
Median Home Price
🏠$450K
3.0% YoY
Median Rent
🔑$1,500
Median Income
💰$72K
Rent Burden
📊27.0%
% of income to rent
Housing Shortage
🏗️10,000
estimated unit deficit
Building Permits (2024)
📋6,800
Price-to-Income Ratio
⚖️6.3x
Homeownership Rate
🏡66.5%
How Utah County Compares
| Metric | Utah County | Utah | National |
|---|---|---|---|
| Home Price | $450K | $518K | $410K |
| Rent | $1,500 | $1,551 | $1,500 |
| Income | $72K | $93K | $75K |
| Rent Burden | 27.0% | 31.0% | 30.0% |
| Homeownership | 66.5% | 70.0% | 65.0% |
Key Takeaways
- • Home prices are 10% above the national average.
- • Rent is about average the national average.
- • The county has an estimated housing shortage of 10,000 units.
- • 6,800 building permits were issued in 2024.
- • Year-over-year home prices changed by 3.0%.