ZIP comparison · Salt Lake City-Murray, UT
84115 vs 84116
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP84115South Salt Lake, UT | ZIP84116Salt Lake City, UT |
|---|---|---|
| Home value | ||
| Typical home value | Better: $460,062 | $456,272 |
| 1-year appreciation | Better: +1.6% | -1.4% |
| 5-year CAGR | +3.8% | Better: +4.0% |
| 10-year CAGR | +8.3% | Better: +8.9% |
| Rent & investment | ||
| Monthly rent | $1,539 | Better: $1,307 |
| Gross yield | Better: 4.0% | 3.4% |
| Cap rate | Better: 2.4% | 2.1% |
| Property tax | ||
| Effective tax rate | 0.4% | Better: 0.3% |
| Typical annual tax | $1,980 | Better: $1,584 |
| Demographics | ||
| Population | 28,882 | 38,625 |
| Median household income | $65,548 | Better: $66,751 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -2,767 | -2,767 |
| Schools | ||
| Public schools | 11 | 13 |
| Students enrolled | 3,046 | 4,083 |