West Point, UT

Above Avg · 123

Utah · Population 11,559 · Updated March 2026

$1,600
Median Rent / Month
$118,660
Median Income
$437,800
Median Home Value
$1,664
Owner Costs / Month

Affordability

How far your income goes in West Point

16.2%
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

$19,200
Annual Rent
$5,518
State Income Tax
$2,539
Property Tax (est.)

Cost of Living Overview

West Point has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 123 (where 100 equals the national median), West Point residents can expect to pay median rent of $1,600/month while earning a median household income of $118,660/year.

The median home value in West Point, UT is $437,800, with typical monthly owner costs around $1,664 including mortgage, insurance, and taxes. The median rent-to-income ratio of 16.2% 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 West Point.

Frequently Asked Questions

Common questions about living costs in West Point

What is the cost of living in West Point, UT?
The cost of living index in West Point, UT is 123 (US average = 100). Median monthly rent is $1,600, median household income is $118,660/year, and the median home value is $437,800.
Is West Point, UT affordable?
No, West Point is more expensive than the national average with a cost index of 123. The rent-to-income ratio is 16.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in West Point, UT?
The median gross rent in West Point, UT is $1,600 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,200.
What is the median household income in West Point?
The median household income in West Point, UT is $118,660 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%.