The typical owner-occupied home in Peoa is worth about $896,300, 83% above the Utah median of $489,400 and 2.7 times the national median of $332,700. Owners pay a median $3,629 a year in property taxes, about 0.40% of their home's value, lower than the Utah rate of 0.52%. The median household earns $198,594 a year, so the median home costs 4.5 times the median income (5.1 times for Utah). 100% of occupied homes here are lived in by their owners, and 16% of those owners still have a mortgage.
Peoa at a glance
| Peoa | Utah | U.S. | |
|---|---|---|---|
| Median home value | $896,300 | $489,400 | $332,700 |
| Median property tax paid per year | $3,629 | $2,525 | $3,119 |
| Property tax as a share of value | 0.40% | 0.52% | 0.94% |
| Median household income | $198,594 | $95,166 | $80,734 |
| Homes lived in by their owners | 100% | 70% | 65% |
| Owner homes with a mortgage | 16% | 69% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,009 | $1,963 |
| Median rent | – | $1,496 | $1,413 |
| Median year homes were built | 2004 | 1992 | 1980 |
| Vacant homes | 15.8% | 8.1% | 10.1% |
| Population | 203 | 3,392,331 | 334,922,499 |
What a typical home costs per month in Peoa
At this week's average 30-year rate of 7.11%, buying the median Peoa home of $896,300 with 20% down costs about $5,496 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $7,133, 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 $235,534 for the 20%-down payment. That payment is 33% of the median Peoa household income of $198,594; at that income and 20% down, the 28% guideline points to a home of about $756,000.
| Down payment | $179,260 |
|---|---|
| Loan amount | $717,040 |
| Principal and interest | $4,824 |
| Property taxes (0.40% a year) | $299 |
| Homeowners insurance (our estimate, 0.5% a year) | $373 |
| PMI | $0 |
| Total per month | $5,496 |
Change the numbers in the calculator
| Down payment | $31,370 |
|---|---|
| Loan amount | $880,066 |
| Principal and interest | $5,920 |
| Property taxes (0.40% a year) | $299 |
| Homeowners insurance (our estimate, 0.5% a year) | $373 |
| FHA mortgage insurance | $541 |
| Total per month | $7,133 |
Change the numbers in the calculator
Questions about home buying in Peoa
What is the median home value in Peoa?
About $896,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Peoa?
Homeowners pay a median $3,629 a year, which is about 0.40% 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 Peoa?
For the median home with 20% down at 7.11%, the payment is about $5,496 a month. Keeping that under 28% of gross income takes about $235,534 a year.
More about Peoa
- Mortgage Refinance in Peoa
- Debt Relief in Peoa
- Home Equity Loans in Peoa
- 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