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Salt Lake City, UT · 84126

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $97K, +3.0% YoY (county); renters hold 33.9% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

426,245

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 449,662

450Kunits

Occupied426,24594.8%

Vacant23,4175.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 426,245

426Koccupied

Owner281,87566.1%

Renter144,37033.9%

Renter Share

33.9%+2.6% YoY

Total Housing Units

449,662+2.2% YoY

FY2026 Fair Market Rent

CountySalt Lake County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,259

/month

1 BR

$1,456

/month

2 BR

$1,747

/month

3 BR

$2,333

/month

4 BR

$2,666

/month

FMR trends · Salt Lake County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

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%.

Median Age

34.02024

Population

Salt Lake County Population

1,216,274+1.3% YoY

Households

Total Households

426,245+2.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.77-1.1% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,196,523

1.2Mresidents

Under 18302,33125.3%

Adults 18–64752,02762.9%

65 & Over142,16511.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

302,331-1.3% YoY

Population 65 & Over

142,165+3.7% YoY

Median Age

34.00+0.6% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.9%

Moved (within US)13.3%

Other0.8%

Veterans

3.8%-5.0% YoY

County Economy

County median household income is $97K, 8.1% of residents are below the poverty level, 19.7% work from home.

Income

Median Household Income

$97K+3.0% YoY

Per-Capita Income

$45K+3.9% YoY

Mean Household Income

$125K+2.9% YoY

Poverty

Below Poverty Level

8.1%-3.6% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone64.5%

Public transit2.1%

Worked from home19.7%

Other13.7%

Worked From Home

19.7%+11.3% YoY

Mean Commute

22.30-0.4% YoY

Done with 84126? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Salt Lake City, UT · 84126

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $97K, +3.0% YoY (county); renters hold 33.9% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

426,245

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 449,662

450Kunits

Occupied426,24594.8%

Vacant23,4175.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 426,245

426Koccupied

Owner281,87566.1%

Renter144,37033.9%

Renter Share

33.9%+2.6% YoY

Total Housing Units

449,662+2.2% YoY

FY2026 Fair Market Rent

CountySalt Lake County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,259

/month

1 BR

$1,456

/month

2 BR

$1,747

/month

3 BR

$2,333

/month

4 BR

$2,666

/month

FMR trends · Salt Lake County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

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%.

Median Age

34.02024

Population

Salt Lake County Population

1,216,274+1.3% YoY

Households

Total Households

426,245+2.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.77-1.1% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,196,523

1.2Mresidents

Under 18302,33125.3%

Adults 18–64752,02762.9%

65 & Over142,16511.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

302,331-1.3% YoY

Population 65 & Over

142,165+3.7% YoY

Median Age

34.00+0.6% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.9%

Moved (within US)13.3%

Other0.8%

Veterans

3.8%-5.0% YoY

County Economy

County median household income is $97K, 8.1% of residents are below the poverty level, 19.7% work from home.

Income

Median Household Income

$97K+3.0% YoY

Per-Capita Income

$45K+3.9% YoY

Mean Household Income

$125K+2.9% YoY

Poverty

Below Poverty Level

8.1%-3.6% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone64.5%

Public transit2.1%

Worked from home19.7%

Other13.7%

Worked From Home

19.7%+11.3% YoY

Mean Commute

22.30-0.4% YoY

Done with 84126? Put it next to another market.