HousingHandbookReference data

U.S. ZIP Code · UT84098

Summit County

Typical home value

$1,359,660[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.6%
5-year / yr
+6.0%
10-year / yr
+7.7%

Relative price

vs U.S.
+378.6%
vs metro
vs state
+173.4%
ZIP 84098 location in UT
Location of ZIP 84098 in UT

Price history

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

The typical home in 84098 is worth $1,359,660. Over the past year, values have risen 2.6%. Homes here rent for a typical $3,901 a month — a 3.4% gross rental yield. The effective property tax rate is 0.3%.

#Rent & investment

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

Monthly rent
$3,901[2]
Gross yield
3.4%[2]
Cap rate
2.1%[2]

#Property tax

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

Effective tax rate
0.3%[3]
Typical annual tax
$4,508[3]

#Climate risk

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

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

#Who lives here

Population
20,357[3]
Median household income
$174,119[3]

#Migration

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

Net migration
-164[5]
Moved in
1,891
Moved out
2,055

Schools

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

Public schools
11
Elementary
5
Middle
1
High
2
  • Ecker Hill Middle

    Middle · Grades 6–7 · Park City District

    697 students

  • Weilenmann School of Discovery

    Elementary · Grades K–8 · Weilenmann School of Discovery

    477 students

  • Jeremy Ranch School

    Elementary · Grades K–5 · Park City District

    402 students

  • McPolin School

    Elementary · Grades PK–5 · Park City District

    391 students

  • Trailside School

    Elementary · Grades K–5 · Park City District

    358 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 yield3.4%
Net yield (after ~40% expenses)2.1%
Annual rent$46,817

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$6,875
Loan principal$1,087,728
Down payment$271,932
Total interest paid$1,387,337

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 ratio2.15
Monthly cost to own$8,382
Monthly rent$3,901

Renting is meaningfully cheaper month-to-month.

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
[1]
Rental yield
[2]
Property tax
[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 84098?
The typical home in 84098 is worth $1,359,660, based on the Zillow Home Value Index.
Are home values rising in 84098?
Home values in 84098 are up 2.6% over the past year, and up 6.0% a year over five years.
What is the typical rent in 84098?
A typical home in 84098 rents for about $3,901 a month, a gross rental yield of 3.4%.
What is the property tax rate in 84098?
The effective property tax rate in 84098 is 0.3% — roughly $4,508 a year on a typical home.
Who lives in 84098?
ZIP code 84098 has a population of 20,357 and a median household income of $174,119.

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