Compare with
A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is −4.3% YoY. inventory, +0.7% YoY, is the number to watch.
The median listing price is down 4.3% YoY while the median home got down 6.2% bigger, so value per square foot is down 0.8%.
U.S. Census ACS characteristics for ZIP 84116 itself, not its parent county.
Renters hold 49.1% of this ZIP's 14,095 occupied households, on a median household income of $67K.
| Measure | ZIP 84116 | Salt Lake County | Difference |
|---|---|---|---|
| Median Household Income | $67K | $97K | -$31K |
| Below Poverty Level | 13.1% | 8.1% | +5.0% |
| Median Age | 32.40 | 34.00 | -1.60 |
| Total Population | 38,625 | 1,196,523 | -- |
| Avg Household Size | 2.67 | 2.77 | -0.10 |
| Owner-Occupied | 50.9% | 66.1% | -15.2% |
| Worked From Home | 12.9% | 19.7% | -6.8% |
| Mean Commute | 19.90 | 22.30 | -2.40 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 1.0% to 1,196,523: residents under 18 are down 1.3% and those 65 and over are up 3.7%.
County median household income is $97K, 8.1% of residents are below the poverty level, 19.7% work from home.