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 Type | 5% |
| One Bedroom | 23.30% |
| Two Bedrooms | 32.40% |
| Three Bedrooms | 21.50% |
| Four Bedrooms | 12.20% |
| Five Bedrooms or more | 5.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $153,300 |
| Median Price asked for vacant units | $139,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $524 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 9.10% |
| Home Equity Loan | 8.30% |
| Simple Mortgage | 53.30% |
| Debt Free | 29.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.3% |
