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Salt Lake City, UT Real Estate


According to census data in the year 2000 there were 77,016 housing units in Salt Lake City. This represents a 4.4% growth from 73,762 in 1990.

Of those housing units, 76,397 were located in either urbanized areas or urban clusters, and 619 were located in what is classified as a rural area.

Homeownership rate in Salt Lake City is about 51.2%. Salt Lake City's vacancy rate, including seasonal lodging, is about 7.3%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Salt Lake City were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type5%
One Bedroom23.30%
Two Bedrooms32.40%
Three Bedrooms21.50%
Four Bedrooms12.20%
Five Bedrooms or more5.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1948
Median Value of occupied units$153,300
Median Price asked for vacant units$139,400

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1961
Median Monthly Rent asked for vacant units$524

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage9.10%
Home Equity Loan8.30%
Simple Mortgage53.30%
Debt Free29.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%