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Salem city, UT

ZIP 84653 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 84653

Median Home Value
$569,300
Median Rent
$1,238
Affordability Snapshot
$157,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,657/mo PITI).

13%
Rent-to-Income Ratio

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

5.1x
Home Price-to-Income Ratio

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

38.3 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 84653 in Salem city, UT, a household would need roughly $157,000 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 $3,657. That is about 41% above the local median household income ($111,420), 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

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
93.0%+42% vs US avg
x
Vacancy Rate
1.4%-86% vs US avg
x
Broadband Access
96.0%+10% vs US avg
x
4+ Bedrooms
40.3%+172% vs US avg
x
Built Pre-1939
0.3%-98% vs US avg
x
Built Post-2014
8.3%+21% vs US avg
x
Rent Burden >30%
14.0%-72% vs US avg
x
Mortgage-Free
25.7%-33% vs US avg
x
$569,300
Home Value
$1,238
Rent
2003
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached90.9%
  • 1-unit attached7.7%
  • 2-9 units1.5%
  • 10+ units0.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$569,300
Median rent$1,238
Owner-occupied93.0%
Vacant1.4%
Price-to-income5.1x
Est. income to buy$157,000