Salt Lake City, UT · Utah

Salt Lake County

ZIP 84138

1.2M residents6,303 permits TTM$94,658 median HHI42 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$484,500

ACS 5-Year

Cap rate proxy

3.7%

FMR × 0.65 ÷ Home Value

Rent-to-income

18.9%

HUD FMR ÷ ACS HHI

Net migration

+1.93%

IRS SOI

Permits (TTM)

6,303

Census BPS

Climate risk

98.6

FEMA NRI (0–100)

ZIP 84138

Median home value

Gross yield

Buy Box score

Section 8 gap

Affordability

P/I: R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown42 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
841180.8
841040.7
841110.5
841200.5
840440.4
841190.4
840840.4
841150.4
841010.3
840470.3
841280.3
841160.3
840940.2
841020.2
840700.2
841070.2
840810.2
841060.2
841230.2
840650.2
840960.2
840880.2
841050.1
841170.1
841210.1
840950.1
841030.1
840930.1
841090.1
841080.1
840920.1
841240.1
840200.1
84006
84009
84112
84113
84114
84129
84138
84150
84180

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

67.0%

Census ACS

Vacancy rate

5.4%

Census ACS

Bachelor's degree +

38.6%

Census ACS

Rent burdened

45.6%

Census ACS (>30% income)

Median age

33.8

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026