Quick facts: South jordan, UT

Quick Facts

105.9
Cost of Living
above US average
83,513
Population
14.02
Crime Rate per 1000
below US average
$119,822
Median Income
above US average
$689,900
Median House Price
above US average
$2590.0
Average Rent
above US average
5%
Poverty Rate
below US average
3.7%
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 $119,822.

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Income Needed to Buy

βœ— Stretch
$216k/year
Based on $689,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $216k vs median $119,822
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Income Needed to Rent

βœ“ Affordable
$111k/year
Based on $2590.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($119,822) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for South jordan, UT

South Jordan is a vibrant city located in Salt Lake County, Utah, known for its family-friendly atmosphere and picturesque surroundings. Positioned just south of Salt Lake City, it offers a blend of suburban charm with easy access to urban amenities. The city has seen rapid growth in recent years, making it one of the fastest-growing areas in the state. Outdoor enthusiasts will enjoy the numerous parks, trails, and recreational opportunities, including the beautiful Oquirrh Mountains nearby. South Jordan is home to the popular Daybreak community, which features a lake, walking paths, and a variety of shops and restaurants, promoting a strong sense of community. The city is also known for its excellent schools and family-oriented environment, making it a desirable place for residents of all ages. With a growing economy and proximity to both natural attractions and urban conveniences, South Jordan provides a balanced lifestyle that appeals to both professionals and families alike. Its strategic location allows for easy access to employment opportunities in nearby cities while maintaining a peaceful suburban feel.

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