DollarTimes
You are Here:
DollarTimes.com > Mortgage > Utah > Salt Lake City
Salt Lake City, Utah Mortgage and Housing Information
Population: 181,743
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Salt Lake City
Income
| U.S. | Utah | Salt Lake City | |
|---|---|---|---|
| Median Earnings | $27,239 | $23,593 | $22,958 |
| Median Earnings, Males | $32,396 | $31,322 | $28,071 |
| Median Earnings, Females | $22,097 | $16,234 | $19,394 |
Males earn $8,677 (44.7%) more than Females in Salt Lake City.
Commuting in Salt Lake City
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 62,542 |
| Carpooled | 12,521 |
| Public Transit | 5,665 |
| Bicycle | 1,331 |
| Walking | 4,427 |
| Other Means | 786 |
| Total, Commuted | 87,272 |
| Worked from home | 2,915 |
| Total | 90,187 |
Time Spent Commuting in Salt Lake City
Time spent commuting in Salt Lake City
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 2,173 |
| 5-9 | 11,646 |
| 10-14 | 19,413 |
| 15-19 | 19,680 |
| 20-24 | 14,350 |
| 25-29 | 4,149 |
| 30-34 | 8,356 |
| 35-39 | 872 |
| 40-44 | 1,378 |
| 45-59 | 2,484 |
| 60-89 | 1,643 |
| Over 90 | 1,128 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 13,315 | 23.2% | 11,474 | 20.0% |
| Associate Degree | 3,637 | 6.3% | 5,225 | 9.1% |
| Bachelor's Degree | 11,789 | 20.5% | 13,545 | 23.6% |
| Master's Degree | 6,127 | 10.7% | 5,691 | 9.9% |
| Professional Degree | 2,764 | 4.8% | 1,643 | 2.9% |
| Doctorate Degree | 3,118 | 5.4% | 1,427 | 2.5% |
| Total (at least some college) | 40,750 | 71.0% | 39,005 | 67.5% |
| Total over 25 | 57,391 | 100% | 57,785 | 100% |
Housing in Salt Lake City
Value of Houses and Condos
| U.S. | Utah | Salt Lake City | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $188,500 | $215,000 |
Monthly Owner Costs
| U.S. | Utah | Salt Lake City | |
|---|---|---|---|
| With a mortgage | $1,402 | $1,294 | $1,358 |
| Without a mortgage | $399 | $336 | $362 |
Tenancy in Salt Lake City
| Owner-occupied homes | 38,954 |
|---|---|
| Renter-occupied homes | 34,218 |
| Homes for sale | 434 |
| Homes for rent | 2,602 |
| Total | 80,416 |
Ownership of Houses and Condos
Types of mortgages for owner-occupied Houses and Condos in Salt Lake City (2006)
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 10,651 | 27.3% |
| First Mortgage Only | 19,488 | 50.0% |
| Second Mortgage and/or Home Equity Loan | 8,815 | 22.6% |
| Total | 38,954 | 100% |
Age of Salt Lake City Residents
| Males | Females |
|---|---|
| 29 | 30 |
Mortgage Calculator
What Will Your Monthly Payment Be?
Results
?This will calculate your approximate monthly mortgage payment based on the purchase price and your loan details.
This calculator is for fixed-rate mortgages. Adjustable-rate mortgages, or ARMs, may allow you to acheive lower payments in the short term. However, with ARMs, your monthly payment may increase if interest rates rise.