HousingHandbookReference data

U.S. ZIP Code · UT84042

Utah County · Provo-Orem-Lehi, UT

Typical home value

$738,183[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.4%
5-year / yr
+5.3%
10-year / yr
+7.5%

Relative price

vs U.S.
+159.9%
vs metro
+37.2%
vs state
+48.4%
ZIP 84042 location in UT
Location of ZIP 84042 in UT

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 84042 is worth $738,183 — 37.2% above the Provo-Orem-Lehi, UT median. Over the past year, values have risen 4.4%. The effective property tax rate is 0.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.4%[3]
Typical annual tax
$2,922[3]

#Climate risk

FEMA National Risk Index ratings for Utah County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively High
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Not Applicable
Tornado
Relatively Low
Earthquake
Relatively High
Winter weather
Relatively High

#Who lives here

Population
11,725[3]
Median household income
$121,275[3]

#Migration

Household moves in and out of Utah County over a year, from IRS tax-return data.

Net migration
+2,695[5]
Moved in
18,943
Moved out
16,248

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
5
Elementary
3
Middle
0
High
1
  • Oak Canyon Jr High

    Secondary · Grades 7–10 · Alpine District

    1,351 students

  • Karl G. Maeser Preparatory Academy

    High · Grades 7–12 · Karl G. Maeser Preparatory Academy

    635 students

  • Lindon School

    Elementary · Grades PK–6 · Alpine District

    630 students

  • Rocky Mountain School

    Elementary · Grades PK–6 · Alpine District

    519 students

  • Timpanogos Academy

    Elementary · Grades K–6 · Timpanogos Academy

    514 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$3,733
Loan principal$590,547
Down payment$147,637
Total interest paid$753,210

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$4,594
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
86th percentile[1]
Rental yield
[2]
Property tax
17th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 84042?
The typical home in 84042 is worth $738,183, based on the Zillow Home Value Index.
Are home values rising in 84042?
Home values in 84042 are up 4.4% over the past year, and up 5.3% a year over five years.
What is the property tax rate in 84042?
The effective property tax rate in 84042 is 0.4% — roughly $2,922 a year on a typical home.
Who lives in 84042?
ZIP code 84042 has a population of 11,725 and a median household income of $121,275.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Mapleton, UT

    Typical home
    $739,408
    Gross yield
    4.1%
  • Salem, UT

    Typical home
    $653,942
    Gross yield
  • Provo, UT

    Typical home
    $608,618
    Gross yield
    3.5%
  • Mona, UT

    Typical home
    $603,884
    Gross yield
  • Orem, UT

    Typical home
    $602,461
    Gross yield
    2.9%
  • American Fork, UT

    Typical home
    $600,721
    Gross yield
    3.7%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 84042 against any other ZIP — full side-by-side table.

Compare 84042

#Jump to section