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Buying a home in Wasatch County, Utah

The typical owner-occupied home in Wasatch County is worth about $787,300, 61% above the Utah median of $489,400 and 2.4 times the national median of $332,700. Owners pay a median $3,624 a year in property taxes, about 0.46% of their home's value, lower than the Utah rate of 0.52%. The median household earns $117,608 a year, so the median home costs 6.7 times the median income (5.1 times for Utah). 80% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.

Wasatch County at a glance

Wasatch County Utah U.S.
Median home value $787,300 $489,400 $332,700
Median property tax paid per year $3,624 $2,525 $3,119
Property tax as a share of value 0.46% 0.52% 0.94%
Median household income $117,608 $95,166 $80,734
Homes lived in by their owners 80% 70% 65%
Owner homes with a mortgage 70% 69% 61%
Median monthly costs, owners with a mortgage $2,617 $2,009 $1,963
Those costs as a share of the owners' income 24.0% 20.5% 21.0%
Median rent $2,000 $1,496 $1,413
Rent as a share of renters' income 29.7% 28.9% 30.6%
Median year homes were built 2005 1992 1980
Vacant homes 20.6% 8.1% 10.1%
Population 36,642 3,392,331 334,922,499

What a typical home costs per month in Wasatch County

At this week's average 30-year rate of 7.11%, buying the median Wasatch County home of $787,300 with 20% down costs about $4,867 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $6,305, 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 $208,578 for the 20%-down payment. That payment is 50% of the median Wasatch County household income of $117,608; at that income and 20% down, the 28% guideline points to a home of about $444,000.

The median rent here is $2,000 a month, so owning the median home costs about $2,867 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$157,460
Loan amount$629,840
Principal and interest$4,237
Property taxes (0.46% a year)$302
Homeowners insurance (our estimate, 0.5% a year)$328
PMI$0
Total per month$4,867

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3.5% down, 30-year FHA loan
Down payment$27,556
Loan amount$773,040
Principal and interest$5,200
Property taxes (0.46% a year)$302
Homeowners insurance (our estimate, 0.5% a year)$328
FHA mortgage insurance$475
Total per month$6,305

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Questions about home buying in Wasatch County

What is the median home value in Wasatch County?

About $787,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Wasatch County?

Homeowners pay a median $3,624 a year, which is about 0.46% 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 Wasatch County?

For the median home with 20% down at 7.11%, the payment is about $4,867 a month. Keeping that under 28% of gross income takes about $208,578 a year.

More about Wasatch County

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