Midvale, UT

Above Avg · 114

Utah · Population 35,736 · Updated March 2026

$1,480
Median Rent / Month
$73,058
Median Income
$408,400
Median Home Value
$1,513
Owner Costs / Month

Affordability

How far your income goes in Midvale

24.3%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Utah

State-level tax rates that affect your costs

4.65%
Income Tax (Top Rate)
6.1%
Sales Tax
0.58%
Property Tax Rate

Estimated Annual Costs

$17,760
Annual Rent
$3,397
State Income Tax
$2,369
Property Tax (est.)

Cost of Living Overview

Midvale is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 114 (where 100 equals the national median), Midvale residents can expect to pay median rent of $1,480/month while earning a median household income of $73,058/year.

The median home value in Midvale, UT is $408,400, with typical monthly owner costs around $1,513 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.3% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Utah has a moderate income tax rate of 4.65%. Combined with a 6.1% sales tax rate and 0.58% effective property tax rate, the overall tax environment is a factor in the total cost of living in Midvale.

Frequently Asked Questions

Common questions about living costs in Midvale

What is the cost of living in Midvale, UT?
The cost of living index in Midvale, UT is 114 (US average = 100). Median monthly rent is $1,480, median household income is $73,058/year, and the median home value is $408,400.
Is Midvale, UT affordable?
No, Midvale is more expensive than the national average with a cost index of 114. The rent-to-income ratio is 24.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Midvale, UT?
The median gross rent in Midvale, UT is $1,480 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,760.
What is the median household income in Midvale?
The median household income in Midvale, UT is $73,058 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Utah?
Utah has a top income tax rate of 4.65%, a sales tax of 6.1%, and an effective property tax rate of 0.58%.