Salt Lake City, UT — income, home value, property tax, and sales tax.
In ZIP code 84138, which covers part of Salt Lake City, property taxes run at an effective rate of 0.54% at the county level. A household earning a given income here would see that earnings picture shaped by two main costs: the property tax bill on any owned home, and an 8.45% combined sales tax on purchases. Because the property rate is set at less than six-tenths of a percent of assessed value, homeowners keep a larger share of what they earn compared with many other places. Everyday spending, though, carries the higher 8.45% sales tax, so day-to-day purchases take a bigger bite than the property levy does.