Living in Salt Lake City, Utah

Cost of living, income, home prices, rent and demographics of Salt Lake City · Census data 2020–2024

Salt Lake City has 208,007 residents with a median age of 32.9. The median household income is $75,090 (21% lower than the Utah median), the median home value is $539,500, the median rent is $1,414/month.

Salt Lake City at a glance

Population
208,007
Median age
32.9State: 32
Median household income
$75,090State: $95,166
Median home value
$539,500State: $489,400
Median rent
$1,414/moState: $1,496
Homeowners
45.8%
Bachelor's degree or higher
51.5%
Average commute
20 min

Is Salt Lake City a good place to live?

Pros: An average commute of 20 minutes.

Cons: Median household income 21% lower than the Utah median; home values 10% higher than the state median; unemployment of 4.2%; a poverty rate of 13.6%.

The weather is best in May–June and August–September.

Cost of living in Salt Lake City

Housing is the biggest part of the cost of living. In Salt Lake City the median home value is $539,500, 62% higher than the U.S. median. Renters pay a median of $1,414 per month, which is 30.4% of household income. Homeowners with a mortgage pay $2,070 a month in housing costs.

Median home value

Salt Lake City$539,500
Utah$489,400
United States$332,700

Median monthly rent

Salt Lake City$1,414
Utah$1,496
United States$1,413

Salt Lake City median household income

The median household income in Salt Lake City is $75,090 and the income per person is $51,173. 13.6% of residents live below the poverty line (Utah: 8.5%).

Median household income

Salt Lake City$75,090
Utah$95,166
United States$80,734

Housing in Salt Lake City: homes for sale and rent

Housing units
101,188
Owner-occupied
45.8%
Renter-occupied
54.2%
Vacant
8.4%Includes seasonal homes
Median year built
1965
Average household size
2.14

Salt Lake City demographics

Population
208,007
Median age
32.9
Under 18
16.4%
65 and older
12.5%
Households
92,652
Foreign-born
14.9%
Veterans
3.9%Adults 18+

Race and ethnicity

White69.5%
Hispanic or Latino20.8%
Black2.6%
Asian5%

Hispanic or Latino can be of any race. Population history of Salt Lake City ›

Education in Salt Lake City

51.5% of adults 25 and older in Salt Lake City have a bachelor's degree or higher (Utah: 37.7%), and 22.4% have a graduate or professional degree.

Bachelor's degree or higher

Salt Lake City51.5%
Utah37.7%
United States35.7%

Jobs and commute in Salt Lake City

Unemployment rate
4.2%State: 3.6%
Average commute
20 minState: 22 min
Work from home
20.8%
Drive alone
57.5%
Public transit
4.8%
Walk to work
5.1%
Homes with broadband
91%

Salt Lake City vs nearby towns

TownPopulationMedian incomeHome valueRent
Salt Lake City208,007$75,090$539,500$1,414
North Salt Lake23,474$101,447$497,700$1,667
South Salt Lake26,352$72,152$410,200$1,451
Woods Cross11,531$120,543$497,400$1,771
West Valley City138,437$92,209$419,100$1,504
Bountiful45,023$104,785$532,200$1,565
Millcreek63,648$98,045$627,200$1,492
Taylorsville58,678$86,413$433,800$1,482
West Bountiful5,915$135,179$579,400$1,547

More for people moving to Salt Lake City

Salt Lake City ZIP code ›Weather and climate ›

Living in Salt Lake City: FAQ

What is the median household income in Salt Lake City, UT?

The median household income in Salt Lake City is $75,090, 21% lower than the Utah median of $95,166 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Salt Lake City?

The median home value in Salt Lake City is $539,500, compared with $489,400 in Utah.

How much is rent in Salt Lake City?

The median gross rent in Salt Lake City is $1,414 per month, about 30.4% of household income.

Is Salt Lake City, UT a good place to live?

Pluses: an average commute of 20 minutes. Minuses: median household income 21% lower than the Utah median; home values 10% higher than the state median; unemployment of 4.2%; a poverty rate of 13.6%.

What is the median age in Salt Lake City?

The median age in Salt Lake City is 32.9 years (Utah: 32).

How long is the commute in Salt Lake City?

The average commute to work in Salt Lake City is 20 minutes; 20.8% of workers work from home.

What is the unemployment rate in Salt Lake City?

The unemployment rate in Salt Lake City is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Salt Lake City?

51.5% of adults in Salt Lake City have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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