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Cost of Living in Summit County, UT

Population 42,970 · Census ACS 2020–2024 5-year estimates

Median rent$1,987
Median home value$1,067,700
Median household income$138,114

The median rent in Summit County, UT is $1,987/month, 33% higher than the Utah median and 41% higher than the U.S. median. The median home value is $1,067,700, 221% higher than the national median. Households earn a median of $138,114 a year, 45% higher than the state median.

Affordability

Rent as a share of median income: 17.3%
Income needed for median rent (30% rule): $79,480/yr
Home price-to-income ratio: 7.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $5,399/mo

Run your own numbers: mortgage calculator · hourly to salary

Summit County vs. Utah vs. U.S.

Summit CountyUtahU.S.
Median rent$1,987$1,496$1,413
Median home value$1,067,700$489,400$332,700
Median household income$138,114$95,166$80,734
Homeownership rate80.2%70.2%65.2%
Bachelor's degree or higher59.8%37.7%35.7%
Poverty rate4.9%8.5%12.5%
Unemployment rate1.8%3.6%5.2%
Work from home24.7%17.6%15.1%
Median age41.532.038.9

FAQ

What is the average rent in Summit County, UT?

The median gross rent in Summit County, UT is $1,987 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Summit County, UT?

Using the common 30% rule, renting a median-priced home takes about $79,480 a year in gross income.

Is Summit County, UT expensive to live in?

Rent there is 41% higher than the U.S. median, and the median home costs about 7.7 times the median household income.

Other counties in Utah

Salt Lake County, UTRent $1,592 · Income $97,494Utah County, UTRent $1,541 · Income $100,671Davis County, UTRent $1,621 · Income $110,884Weber County, UTRent $1,379 · Income $90,005Washington County, UTRent $1,566 · Income $80,632Cache County, UTRent $1,213 · Income $81,665

Counties with a similar cost of living

Stafford County, VARent $2,020 · Income $137,807Williamson County, TNRent $1,969 · Income $135,594Somerset County, NJRent $2,033 · Income $140,374Morris County, NJRent $1,904 · Income $137,326Rockwall County, TXRent $1,992 · Income $127,981Montgomery County, MDRent $2,068 · Income $132,450

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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