Salt Lake City, UT — income, home value, property tax, and sales tax.
In ZIP code 84112, which covers part of Salt Lake City, households report a median income of $10,296, with per-capita income at $10,185. That low figure reflects the area's student-heavy population rather than a typical family wage. County property taxes run at an effective rate of 0.54%, so a home's assessed value drives the annual bill. Sales tax combines to 8.45% on purchases, a cost that hits harder when incomes are thin. Together, these rates shape a tight financial picture: housing charges stay comparatively gentle, but everyday spending carries a noticeable premium.