Utah
Ranked #41 of 51 for housing affordability
35Crisis
Median Home Price
🏠$510K
6.9x income
Median Rent
🔑$2K
31.0% rent-burdened
Median Income
💰$74K
Population: 3,417,734
Homeownership
🏡70.0%
3,050 experiencing homelessness
Housing Shortage
📉45,000
units needed
Building Permits (2024)
🔨28,000
Price-to-Income
📊6.9x
Severe Rent Burden
⚠️13.5%
paying >50% of income
Rent Burden Breakdown
vs. National Average
Metros in Utah
| Metro | Score | Home Price | Rent | Income | Rent Burden |
|---|---|---|---|---|---|
| Salt Lake City | 35 | $530K | $2K | $76K | 31.0% |
Housing Policies
Olene Walker Housing Loan Fundmoderate-income housing plansADU reform