The typical owner-occupied home in Riverside is worth about $438,900, 10% below the Utah median of $489,400 and 32% above the national median of $332,700. Owners pay a median $2,349 a year in property taxes, about 0.54% of their home's value, close to the Utah rate of 0.52%. The median household earns $73,246 a year, so the median home costs 6.0 times the median income (5.1 times for Utah). 100% of occupied homes here are lived in by their owners, and 47% of those owners still have a mortgage.
Riverside at a glance
| Riverside | Utah | U.S. | |
|---|---|---|---|
| Median home value | $438,900 | $489,400 | $332,700 |
| Median property tax paid per year | $2,349 | $2,525 | $3,119 |
| Property tax as a share of value | 0.54% | 0.52% | 0.94% |
| Median household income | $73,246 | $95,166 | $80,734 |
| Homes lived in by their owners | 100% | 70% | 65% |
| Owner homes with a mortgage | 47% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $1,344 | $2,009 | $1,963 |
| Those costs as a share of the owners' income | 22.4% | 20.5% | 21.0% |
| Median rent | – | $1,496 | $1,413 |
| Median year homes were built | 1993 | 1992 | 1980 |
| Vacant homes | 0.0% | 8.1% | 10.1% |
| Population | 1,135 | 3,392,331 | 334,922,499 |
What a typical home costs per month in Riverside
At this week's average 30-year rate of 7.11%, buying the median Riverside home of $438,900 with 20% down costs about $2,742 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,474, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $117,531 for the 20%-down payment. That payment is 45% of the median Riverside household income of $73,246; at that income and 20% down, the 28% guideline points to a home of about $274,000.
| Down payment | $87,780 |
|---|---|
| Loan amount | $351,120 |
| Principal and interest | $2,362 |
| Property taxes (0.54% a year) | $198 |
| Homeowners insurance (our estimate, 0.5% a year) | $183 |
| PMI | $0 |
| Total per month | $2,742 |
Change the numbers in the calculator
| Down payment | $15,362 |
|---|---|
| Loan amount | $430,950 |
| Principal and interest | $2,899 |
| Property taxes (0.54% a year) | $198 |
| Homeowners insurance (our estimate, 0.5% a year) | $183 |
| FHA mortgage insurance | $194 |
| Total per month | $3,474 |
Change the numbers in the calculator
Questions about home buying in Riverside
What is the median home value in Riverside?
About $438,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Riverside?
Homeowners pay a median $2,349 a year, which is about 0.54% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Riverside?
For the median home with 20% down at 7.11%, the payment is about $2,742 a month. Keeping that under 28% of gross income takes about $117,531 a year.
More about Riverside
- Mortgage Refinance in Riverside
- Debt Relief in Riverside
- Home Equity Loans in Riverside
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data