Quick facts: Corinne, UT

Quick Facts

105.9
Cost of Living
above US average
853
Population
4.69
Crime Rate per 1000
below US average
$70,227
Median Income
below US average
$425,000
Median House Price
above US average
$1774
Average Rent
above US average
10%
Poverty Rate
below US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $70,227.

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Income Needed to Buy

βœ— Stretch
$133k/year
Based on $425,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $133k vs median $70,227
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Income Needed to Rent

⚠ Stretch
$76k/year
Based on $1774/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $76k vs median $70,227
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Corinne, UT

Corinne is a small city located in Box Elder County, Utah. Situated just a few miles southwest of the larger city of Brigham City, Corinne blends a quaint, small-town atmosphere with the natural beauty of the surrounding landscapes. The town was established in the late 19th century and has a rich history tied to the development of the railroad in the region. Corinne is known for its friendly community, offering residents a peaceful environment and a slower pace of life compared to larger urban areas. The city's proximity to the Bear River and the nearby Great Salt Lake provides opportunities for outdoor activities such as hiking, fishing, and bird watching. Local amenities include parks and small businesses that cater to the needs of residents. The community often hosts events that promote local culture and heritage, fostering a strong sense of community spirit. Additionally, Corinne's location offers easy access to major highways, making it convenient for travel to nearby cities and attractions in Utah. Overall, Corinne is a charming place with a rich historical backdrop and an engaging community.

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