HousingHandbookReference data

U.S. ZIP Code · UT84117

Salt Lake County · Salt Lake City-Murray, UT

Typical home value

$700,557[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.1%
5-year / yr
+4.1%
10-year / yr
+7.3%

Relative price

vs U.S.
+146.6%
vs metro
+28.3%
vs state
+40.9%
ZIP 84117 location in UT
Location of ZIP 84117 in UT

Price history

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

The typical home in 84117 is worth $700,557 — 28.3% above the Salt Lake City-Murray, UT median. Over the past year, values have risen 3.1%. Homes here rent for a typical $1,532 a month — a 2.6% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

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

Monthly rent
$1,532[2]
Gross yield
2.6%[2]
Cap rate
1.6%[2]

#Property tax

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

Effective tax rate
0.5%[3]
Typical annual tax
$3,484[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
24,980[3]
Median household income
$87,813[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
4
Elementary
2
Middle
2
High
0
  • Olympus Jr High

    Middle · Grades 5–9 · Granite District

    790 students

  • Bonneville Jr High

    Middle · Grades 6–8 · Granite District

    624 students

  • Wasatch Waldorf Charter School

    Elementary · Grades K–8 · Wasatch Waldorf Charter School

    621 students

  • Cottonwood School

    Elementary · Grades PK–6 · Granite District

    343 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 yield2.6%
Net yield (after ~40% expenses)1.6%
Annual rent$18,388

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$3,542
Loan principal$560,446
Down payment$140,111
Total interest paid$714,818

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 ratio2.88
Monthly cost to own$4,418
Monthly rent$1,532

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
21st percentile[1]
Rental yield
3rd percentile[2]
Property tax
34th percentile[3]

Frequently asked

How much is a home worth in ZIP code 84117?
The typical home in 84117 is worth $700,557, based on the Zillow Home Value Index.
Are home values rising in 84117?
Home values in 84117 are up 3.1% over the past year, and up 4.1% a year over five years.
What is the typical rent in 84117?
A typical home in 84117 rents for about $1,532 a month, a gross rental yield of 2.6%.
What is the property tax rate in 84117?
The effective property tax rate in 84117 is 0.5% — roughly $3,484 a year on a typical home.
Who lives in 84117?
ZIP code 84117 has a population of 24,980 and a median household income of $87,813.

#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
    $731,367
    Gross yield
    3.3%
  • Salt Lake City, UT

    Typical home
    $744,070
    Gross yield
    2.7%
  • Bluffdale, UT

    Typical home
    $651,461
    Gross yield
    4.1%
  • Brighton, UT

    Typical home
    $751,896
    Gross yield
    2.9%
  • South Jordan, UT

    Typical home
    $766,320
    Gross yield
    2.7%
  • Stockton, UT

    Typical home
    $623,886
    Gross yield

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