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Independence town, UT

ZIP 84032 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 84032

Median Home Value
$647,900
Median Rent
$1,657
Affordability Snapshot
$178,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,162/mo PITI).

20%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.4x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

32.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 84032 in Independence town, UT, a household would need roughly $178,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,162. That is about 76% above the local median household income ($101,365), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 18% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
76.5%+17% vs US avg
x
Vacancy Rate
18.0%+74% vs US avg
x
Broadband Access
93.0%+7% vs US avg
x
4+ Bedrooms
27.3%+85% vs US avg
x
Built Pre-1939
2.3%-82% vs US avg
x
Built Post-2014
1.7%-75% vs US avg
x
Rent Burden >30%
17.3%-65% vs US avg
x
Mortgage-Free
29.1%-24% vs US avg
x
$647,900
Home Value
$1,657
Rent
2002
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached82.0%
  • 1-unit attached5.4%
  • 2-9 units3.3%
  • 10+ units7.7%
  • Mobile home & other1.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$647,900
Median rent$1,657
Owner-occupied76.5%
Vacant18.0%
Price-to-income6.4x
Est. income to buy$178,000