Spanish Fork, UT

Above Avg · 118

Utah · Population 43,632 · Updated March 2026

$1,417
Median Rent / Month
$98,497
Median Income
$444,200
Median Home Value
$1,628
Owner Costs / Month

Affordability

How far your income goes in Spanish Fork

17.3%
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

$17,004
Annual Rent
$4,580
State Income Tax
$2,576
Property Tax (est.)

Cost of Living Overview

Spanish Fork is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 118 (where 100 equals the national median), Spanish Fork residents can expect to pay median rent of $1,417/month while earning a median household income of $98,497/year.

The median home value in Spanish Fork, UT is $444,200, with typical monthly owner costs around $1,628 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.3% 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 Spanish Fork.

Frequently Asked Questions

Common questions about living costs in Spanish Fork

What is the cost of living in Spanish Fork, UT?
The cost of living index in Spanish Fork, UT is 118 (US average = 100). Median monthly rent is $1,417, median household income is $98,497/year, and the median home value is $444,200.
Is Spanish Fork, UT affordable?
No, Spanish Fork is more expensive than the national average with a cost index of 118. The rent-to-income ratio is 17.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Spanish Fork, UT?
The median gross rent in Spanish Fork, UT is $1,417 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,004.
What is the median household income in Spanish Fork?
The median household income in Spanish Fork, UT is $98,497 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%.