Salt Lake City, UT — income, home value, property tax, and sales tax.
In ZIP code 84117, near Salt Lake City, homes carry a median value of $648,900, and the county's 0.54% effective property tax rate works out to roughly $3,500 a year on such a home. With median household income at $87,813, that bill equals about 4% of annual earnings, while per-capita income sits at $57,111. A 7.65% combined sales tax applies to purchases. High property values paired with low tax rates keep the yearly obligation from overwhelming paychecks, though buyers still need substantial income to enter this housing market.
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