Interested in purchasing investment houses in the 84124 zip code in Salt Lake City, UT?
The zip code 84124 is in Salt Lake county with a latitude of -111.813290000000 and longitude of 40.677220000000, is in the state of Utah. The average asking price of houses and condos is $479,756.00 and the average sale price was $213,429.00. this regions is classified as the Salt Lake City metro area and consists of the following area codes: 385 and 801. The location in degrees is 40° 40' 37.992" N, 111° 48' 47.844" W. The county F.I.P.S. is 49035. This zip code contains two cities including Millcreek, UT (70.79%), and Holladay, UT (23.10%) The total land area is 5.8 square miles and the water area is 0.0 square miles. The elevation in this area is 4364 - 8406 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 84124 is in county number 035 and is L. Sector 11, L. Segment 04, H. Sector 04, and H. Segment 04. The population was 22,890 in 2019 and 21,295 in 2010. Of this, the break down in 2019 was 22,886 urban and 3 rural. This further breaks down to 11,235 males (49.1%) and 11,655 females (50.9%). The median age of residents is 37.6 years. The population of the greater Salt Lake City, UT area is 1,153,603. The population density (people per square mile) is 3,943. This zip code has a combined total of 8,618 houses and condos. There are 2,032 rented appartments. 25% of residents rent versus the 25% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $99,694 and the average salary is $67,972. The median household income of individuals is $69,203.00 and the average is $120,860.00. This zip code has a mean commute time to work of 20.2 minutes. The unemployment rate is 1.3%. Income earners by percent breakdown as 30.90% (Under $50,000), 35.60% ($50,000-$100,000), and 33.50% earn over $100,000. 5.7% of residents live below poverty line versus the 8.9% in the state that are below this line. The cost of living index is 92.7. The educational breakdown is 98.0% have a high school education or higher, 60.6% have a bachelor's degree or higher, and 25.6% have some kind of profesional degree.
This area has 7,971 households and the average size is 2.8 people. Individuals who are single and have never been married are 27.9%, 58.0% are now married, 1.2% are separated, 4.2% are widowed, and 8.7% are divorced. The average yearly contribution amount given by people to charity was $9,803 versus the state average of $8,502. The percent of residents who gave to charity was 42.0%.
The estimated median value of houses and condos is $482,216. The median monthly owner costs of mortgage holders was $1,986, where as the costs for those who don't have a mortgage are $528. The median number of rooms in houses and condos are 8.4 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $2,894. In comparision, the average real estate tax percent rate in the state is 0.6% which equated to an average real estate tax amount payment in the state of $1,900. The median housing property tax percent for residents with mortgages was 0.6% which amounted to an average tax amount of $2,865. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $2,946. Reported taxable interest for persons was $2,745, dividends $9,607, capital gains +$39,587, and itemized deductions $33,039. The average earned income tax credit is $1,850. The percent of individuals that use a tax preparer is 53.0%. The total average income taxes paid by individuals was $10,312. Businesses reported an average profit of $15,752.
El Chihuahua Restaurant
3926 S Highland Dr, Salt Lake City, UT 84124
Koyo Traditional Restaurant
2275 E 3300 S, Salt Lake City, UT 84109 (1.9 miles away)
Italian Village
5370 S 900 E, Salt Lake City, UT 84117 (1.9 miles away)
Michelangelo Ristorante
3005 S Highland Dr, Salt Lake City, UT 84106 (2.9 miles away)
Ruth's Diner
4160 E Emigration Canyon Rd, Salt Lake City, UT 84108 (4.2 miles away)
Tuscany
2832 E 6200 S, Salt Lake City, UT 84121 (4.2 miles away)