How Much House Can You Afford in Utah? (2025 Income + Mortgage Breakdown)

If you’re hoping to buy a home in Utah in 2025, one of the first (and smartest) questions to ask is: How much house can I actually afford? With rising interest rates, fluctuating home prices, and cost of living differences across the state, it’s important to get a realistic picture before jumping in.

This post breaks down average incomes, home prices, and monthly payment estimates in key Utah cities to help you answer that big question with confidence.

💰 Average Income in Utah (2025)

According to recent state data, the median household income in Utah in 2025 is approximately $89,200—but income varies widely depending on location and industry. For example:

• Salt Lake City Metro: ~$92,000

• Utah County (Provo–Lehi–Orem): ~$87,000

• Ogden–Clearfield Area: ~$84,000

• Southern Utah (St. George): ~$72,000

🏡 Average Home Prices in Utah (2025)

Here’s what you can expect for median home prices across the state:

📊 Mortgage Breakdown: What You Can Afford Based on Income

Here’s a general rule: You can afford a home that costs 2.5–3x your annual income, assuming average debt and interest rates.

Let’s break it down by income level:

✅ If You Make $75,000/year

• Affordable Home Price: ~$275,000–$325,000

• Monthly Mortgage (incl. taxes/insurance): ~$1,900

• Cities to consider: Ogden, Tooele, Logan

✅ If You Make $90,000/year

• Affordable Home Price: ~$325,000–$375,000

• Monthly Mortgage: ~$2,200

• Cities to consider: Eagle Mountain, Layton, parts of Utah County

✅ If You Make $110,000/year

• Affordable Home Price: ~$400,000–$475,000

• Monthly Mortgage: ~$2,700

• Cities to consider: Lehi, Saratoga Springs, St. George outskirts

(Based on a 6.75% interest rate, 5% down, 30-year fixed loan)

🧠 What Impacts What You Can Afford?

• Interest Rates – Even a 1% change can alter your monthly payment by hundreds

• Down Payment – More money down = more buying power

• Debt-to-Income Ratio (DTI) – Lenders prefer DTI under 43%

• Credit Score – Higher score = lower rate = more home for your money

• Loan Type – FHA, VA, Conventional, or Utah Housing loans each have different limits and fees

📍 Tips for Buying Smart in Utah in 2025

1. Get pre-approved first. This shows you exactly what you qualify for.

2. Look outside major hubs. You can often get more house for your money just 15–20 minutes outside bigger cities.

3. Consider townhomes or condos to start. These often fall within first-time buyer budgets.

4. Work with a local lender and realtor who understands Utah’s unique market and loan programs.

🧾 Don’t Forget About Utah-Specific Programs:

• Utah Housing Corporation Loans – 100% financing + help with closing costs

• First-Time Buyer Assistance – City- or county-specific grants for eligible buyers

• USDA Loans – $0 down in rural areas like Tooele, Eagle Mountain, and parts of Davis County

✨ Final Thoughts

Buying a home in Utah is still possible—even with today’s prices—if you know what to expect and plan ahead. By understanding your income, monthly budget, and available programs, you can shop confidently and find a home you love without getting in over your head.

📩 Curious what YOU could afford in your dream city? Let’s run the numbers together—reach out for a free home affordability consult today!

Disclaimer: I am not a licensed lender or financial advisor. All home price estimates, income ranges, and mortgage calculations in this post are for informational purposes only and should not be considered financial advice. Please consult with a licensed lender or mortgage professional to verify current rates, loan qualifications, and your specific affordability.