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Cost of Living in American Fork, UT

Population 37,109 · Census ACS 2020–2024 5-year estimates

Median rent$1,697
Median home value$496,700
Median household income$98,878

The median rent in American Fork, UT is $1,697/month, 13% higher than the Utah median and 20% higher than the U.S. median. The median home value is $496,700, 49% higher than the national median. Households earn a median of $98,878 a year, 4% higher than the state median.

Affordability

Rent as a share of median income: 20.6%
Income needed for median rent (30% rule): $67,880/yr
Home price-to-income ratio: 5.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,512/mo

Run your own numbers: mortgage calculator · hourly to salary

American Fork vs. Utah vs. U.S.

American ForkUtahU.S.
Median rent$1,697$1,496$1,413
Median home value$496,700$489,400$332,700
Median household income$98,878$95,166$80,734
Homeownership rate65.8%70.2%65.2%
Bachelor's degree or higher42.8%37.7%35.7%
Poverty rate7.3%8.5%12.5%
Unemployment rate3.2%3.6%5.2%
Work from home18.4%17.6%15.1%
Median age28.032.038.9

FAQ

What is the average rent in American Fork, UT?

The median gross rent in American Fork, UT is $1,697 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in American Fork, UT?

Using the common 30% rule, renting a median-priced home takes about $67,880 a year in gross income.

Is American Fork, UT expensive to live in?

Rent there is 20% higher than the U.S. median, and the median home costs about 5.0 times the median household income.

Other cities in Utah

Salt Lake City, UTRent $1,414 · Income $75,090West Valley City, UTRent $1,504 · Income $92,209West Jordan, UTRent $1,757 · Income $108,153Provo, UTRent $1,193 · Income $64,171St. George, UTRent $1,545 · Income $76,508Orem, UTRent $1,438 · Income $83,342

Cities with a similar cost of living

Pikesville, MDRent $1,707 · Income $98,465Clifton, NJRent $1,711 · Income $98,237Oregon City, ORRent $1,708 · Income $97,829Mechanicsville, VARent $1,724 · Income $98,595Sayreville, NJRent $1,711 · Income $99,979North Richland Hills, TXRent $1,704 · Income $97,305

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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