Evaluating affordability in Salt Lake City depends on comparing the 2024 ACS median household income of $75,090 against housing costs. The median gross rent is $1,414 per month, while the median owner-occupied home value is $539,500. With a model assumption baseline of $1,250 per month for non-housing expenses, affordability varies significantly by household. Because these are citywide aggregates, they do not establish neighborhood safety, specific schools, weather, insurance, or individual job quality.
Salt Lake City at a glance
What the default budget models
A one-person renting household begins with a modeled annual core-cost baseline of $31,968. It combines the ACS median gross-rent estimate with a uniform $1,250 monthly non-housing baseline. State income tax is excluded until a current official reference is approved; the calculator labels that limitation instead of guessing.
| 2024 ACS population estimate | 208,007 |
| 2024 ACS median household income | $75,090 |
| 2024 ACS median gross rent | $1,414 |
| 2024 ACS median owner-occupied home value | $539,500 |
| Derived one-way commute estimate | 21 minutes |
| State-tax treatment | Excluded — official reference pending |
| Rent-to-income reference | 23% |
The trade-off
Relative strength: Median owner-occupied home value of $539,500.. Watch closely: a 21-minute commute estimate versus a $539,500 median home value..
Compare Salt Lake City
Frequently asked questions
What is the population and median income of Salt Lake City according to the 2024 ACS?
The 2024 ACS 5-year estimates report a population of 208,007 and a median household income of $75,090 for Salt Lake City.
What are the median housing costs and commute estimates for Salt Lake City?
The 2024 ACS records a median gross rent of $1,414 per month and a median owner-occupied home value of $539,500. The derived one-way commute estimate is 21 minutes.
Source ledger
Every production input below is retained with its publisher and dataset. The ACS figures are five-year estimates, not live listings or guarantees.
- PopulationU.S. Census Bureau · 2024 ACS 5-Year B01003
- Median household incomeU.S. Census Bureau · 2024 ACS 5-Year B19013
- Median gross rentU.S. Census Bureau · 2024 ACS 5-Year B25064
- Median owner-occupied home valueU.S. Census Bureau · 2024 ACS 5-Year B25077
- Commute-time distributionU.S. Census Bureau · 2024 ACS 5-Year B08303
Interpretation: The ACS 2024 five-year estimates generally summarize observations across 2020–2024. The commute number is a weighted midpoint estimate from table B08303. State income tax is not included in the modeled take-home result. Verify a current address, quote, commute, and tax situation before making a decision.