The typical owner-occupied home in Rush Valley is worth about $365,100, 25% below the Utah median of $489,400 and 10% above the national median of $332,700. Owners pay a median $2,045 a year in property taxes, about 0.56% of their home's value, higher than the Utah rate of 0.52%. The median household earns $87,188 a year, so the median home costs 4.2 times the median income (5.1 times for Utah). 79% of occupied homes here are lived in by their owners, and 40% of those owners still have a mortgage.
Rush Valley at a glance
| Rush Valley | Utah | U.S. | |
|---|---|---|---|
| Median home value | $365,100 | $489,400 | $332,700 |
| Median property tax paid per year | $2,045 | $2,525 | $3,119 |
| Property tax as a share of value | 0.56% | 0.52% | 0.94% |
| Median household income | $87,188 | $95,166 | $80,734 |
| Homes lived in by their owners | 79% | 70% | 65% |
| Owner homes with a mortgage | 40% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $1,456 | $2,009 | $1,963 |
| Those costs as a share of the owners' income | 15.5% | 20.5% | 21.0% |
| Median rent | $1,109 | $1,496 | $1,413 |
| Rent as a share of renters' income | 20.8% | 28.9% | 30.6% |
| Median year homes were built | 1970 | 1992 | 1980 |
| Vacant homes | 16.4% | 8.1% | 10.1% |
| Population | 458 | 3,392,331 | 334,922,499 |
What a typical home costs per month in Rush Valley
At this week's average 30-year rate of 7.11%, buying the median Rush Valley home of $365,100 with 20% down costs about $2,287 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,896, 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 $98,029 for the 20%-down payment. That payment is 31% of the median Rush Valley household income of $87,188; at that income and 20% down, the 28% guideline points to a home of about $325,000.
The median rent here is $1,109 a month, so owning the median home costs about $1,178 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $73,020 |
|---|---|
| Loan amount | $292,080 |
| Principal and interest | $1,965 |
| Property taxes (0.56% a year) | $170 |
| Homeowners insurance (our estimate, 0.5% a year) | $152 |
| PMI | $0 |
| Total per month | $2,287 |
Change the numbers in the calculator
| Down payment | $12,778 |
|---|---|
| Loan amount | $358,487 |
| Principal and interest | $2,412 |
| Property taxes (0.56% a year) | $170 |
| Homeowners insurance (our estimate, 0.5% a year) | $152 |
| FHA mortgage insurance | $161 |
| Total per month | $2,896 |
Change the numbers in the calculator
Questions about home buying in Rush Valley
What is the median home value in Rush Valley?
About $365,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Rush Valley?
Homeowners pay a median $2,045 a year, which is about 0.56% 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 Rush Valley?
For the median home with 20% down at 7.11%, the payment is about $2,287 a month. Keeping that under 28% of gross income takes about $98,029 a year.
More about Rush Valley
- Mortgage Refinance in Rush Valley
- Debt Relief in Rush Valley
- Home Equity Loans in Rush Valley
- 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