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According to statistics, the population in Salt Lake City, UT amounts to 194,188, which shows growth 1% compared to the previous year. The median age of the city’s residents is 32. The average household income is $54,009, shifting growth 7% from the past year, and the average property value in Salt Lake City, UT growth 7% to $266,800 throughout the year.
|Number Of Employees||106,439|
|Median Property Value||$266,800|
The average household income in Salt Lake City, UT grew from $50,353 to $54,009 in the past year. This data is an estimate based upon 76,876 households in Salt Lake City, UT . The chart below presents how household income is distributed in Salt Lake City, UT in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Salt Lake City, UT shifted from $248,700 to $266,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Salt Lake City, UT in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Salt Lake City, UT properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Salt Lake City, UT compared to median property taxes around the country. The prevalent amount of property taxes in Salt Lake City, UT equals $1150, which is less than the national average.