Utah Real Estate
According to census data in the year 2000 there were 768,594 housing units in Utah.
This represents a 28.4% from 598,388 in 1990.
Of those housing units, 656,467 were located in either urbanized areas or urban clusters, and 112,127 were located in what is classified as a rural area.
Homeownership rate in Utah is about 71.5%.
Utah's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 3.13 people.
The majority of houses, apartments or condos in Utah were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.9% |
| One Bedroom | 10.2% |
| Two Bedrooms | 23.3% |
| Three Bedrooms | 30.3% |
| Four Bedrooms | 20.4% |
| Five Bedrooms or more | 13.9% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.3 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $146,100 |
| Median Price asked for vacant units | $135,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $531 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.1% |
| Second Mortgage | 11.4% |
| Home Equity Loan | 8.8% |
| Simple Mortgage | 55.4% |
| Debt Free | 24.2% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.6% |
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