The typical owner-occupied home in Dammeron Valley is worth about $821,100, 68% above the Utah median of $489,400 and 2.5 times the national median of $332,700. Owners pay a median $3,116 a year in property taxes, about 0.38% of their home's value, lower than the Utah rate of 0.52%. The median household earns $114,188 a year, so the median home costs 7.2 times the median income (5.1 times for Utah). 100% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.
Dammeron Valley at a glance
| Dammeron Valley | Utah | U.S. | |
|---|---|---|---|
| Median home value | $821,100 | $489,400 | $332,700 |
| Median property tax paid per year | $3,116 | $2,525 | $3,119 |
| Property tax as a share of value | 0.38% | 0.52% | 0.94% |
| Median household income | $114,188 | $95,166 | $80,734 |
| Homes lived in by their owners | 100% | 70% | 65% |
| Owner homes with a mortgage | 53% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $2,167 | $2,009 | $1,963 |
| Those costs as a share of the owners' income | 22.0% | 20.5% | 21.0% |
| Median rent | – | $1,496 | $1,413 |
| Median year homes were built | 2006 | 1992 | 1980 |
| Vacant homes | 16.2% | 8.1% | 10.1% |
| Population | 877 | 3,392,331 | 334,922,499 |
What a typical home costs per month in Dammeron Valley
At this week's average 30-year rate of 7.11%, buying the median Dammeron Valley home of $821,100 with 20% down costs about $5,021 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $6,521, 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 $215,186 for the 20%-down payment. That payment is 53% of the median Dammeron Valley household income of $114,188; at that income and 20% down, the 28% guideline points to a home of about $436,000.
| Down payment | $164,220 |
|---|---|
| Loan amount | $656,880 |
| Principal and interest | $4,419 |
| Property taxes (0.38% a year) | $260 |
| Homeowners insurance (our estimate, 0.5% a year) | $342 |
| PMI | $0 |
| Total per month | $5,021 |
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| Down payment | $28,738 |
|---|---|
| Loan amount | $806,228 |
| Principal and interest | $5,424 |
| Property taxes (0.38% a year) | $260 |
| Homeowners insurance (our estimate, 0.5% a year) | $342 |
| FHA mortgage insurance | $495 |
| Total per month | $6,521 |
Change the numbers in the calculator
Questions about home buying in Dammeron Valley
What is the median home value in Dammeron Valley?
About $821,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Dammeron Valley?
Homeowners pay a median $3,116 a year, which is about 0.38% 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 Dammeron Valley?
For the median home with 20% down at 7.11%, the payment is about $5,021 a month. Keeping that under 28% of gross income takes about $215,186 a year.
More about Dammeron Valley
- Mortgage Refinance in Dammeron Valley
- Debt Relief in Dammeron Valley
- Home Equity Loans in Dammeron 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