HousingHandbookReference data

U.S. ZIP Code · UT84107

Salt Lake County · Salt Lake City-Murray, UT

Typical home value

$506,525[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.3%
5-year / yr
+4.2%
10-year / yr
+7.8%

Relative price

vs U.S.
+78.3%
vs metro
-7.3%
vs state
+1.9%
ZIP 84107 location in UT
Location of ZIP 84107 in UT

Price history

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

The typical home in 84107 is worth $506,525 — 7.3% below the Salt Lake City-Murray, UT median. Over the past year, values have risen 1.3%. Homes here rent for a typical $1,333 a month — a 3.2% gross rental yield. 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
$1,333[2]
Gross yield
3.2%[2]
Cap rate
1.9%[2]

#Property tax

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

Effective tax rate
0.4%[3]
Typical annual tax
$2,172[3]

#Climate risk

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

Overall risk
Relatively High[4]
Riverine flood
Relatively Moderate
Coastal flood
No Rating
Wildfire
Relatively High
Drought
Relatively Low
Heat wave
Relatively Moderate
Hurricane
Not Applicable
Tornado
Relatively Moderate
Earthquake
Relatively High
Winter weather
Very High

#Who lives here

Population
38,257[3]
Median household income
$72,108[3]

#Migration

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

Net migration
-2,767[5]
Moved in
28,050
Moved out
30,817

Schools

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

Public schools
11
Elementary
5
Middle
1
High
2
  • Utah Virtual Academy

    Other · Grades K–12 · Utah Virtual Academy

    1,732 students

  • Murray High

    High · Grades 10–12 · Murray District

    1,374 students

  • Hillcrest Jr High

    Middle · Grades 7–9 · Murray District

    748 students

  • James E. Moss School

    Elementary · Grades PK–6 · Granite District

    522 students

  • Granite Connection High

    Other · Grades K–12 · Granite District

    513 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 yield3.2%
Net yield (after ~40% expenses)1.9%
Annual rent$15,997

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$2,561
Loan principal$405,220
Down payment$101,305
Total interest paid$516,836

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 ratio2.37
Monthly cost to own$3,165
Monthly rent$1,333

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
26th percentile[1]
Rental yield
14th percentile[2]
Property tax
8th percentile[3]

Frequently asked

How much is a home worth in ZIP code 84107?
The typical home in 84107 is worth $506,525, based on the Zillow Home Value Index.
Are home values rising in 84107?
Home values in 84107 are up 1.3% over the past year, and up 4.2% a year over five years.
What is the typical rent in 84107?
A typical home in 84107 rents for about $1,333 a month, a gross rental yield of 3.2%.
What is the property tax rate in 84107?
The effective property tax rate in 84107 is 0.4% — roughly $2,172 a year on a typical home.
Who lives in 84107?
ZIP code 84107 has a population of 38,257 and a median household income of $72,108.

#Comparable ZIPs

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

  • Salt Lake City, UT

    Typical home
    $497,289
    Gross yield
    3.9%
  • Taylorsville, UT

    Typical home
    $496,666
    Gross yield
    4.7%
  • West Valley City, UT

    Typical home
    $494,530
    Gross yield
    4.1%
  • West Jordan, UT

    Typical home
    $521,319
    Gross yield
    4.1%
  • Midvale, UT

    Typical home
    $486,962
    Gross yield
    3.8%
  • West Valley City, UT

    Typical home
    $473,664
    Gross yield
    4.8%

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

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