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Deseret

Learn about the people, housing, costs and businesses in Deseret, Utah

Median Home$270,100
Median Rent$835/month
Population338
Leading IndustriesEducation · Healthcare · Wholesale Trade3% education
Home Value Growth⬆⬆⬆+49.1% over 2 years
Young Adults26% of residents
Homeowners76% of occupied units
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Deseret
UT

Frequently Asked Questions

What are today's mortgage rates in Deseret?

As of today, the 30-year fixed mortgage rate for Deseret is approximately 6.827% (6.861% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Deseret?

The median home value in Deseret is $270k. The median monthly rent is $835. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Deseret?

Home values in Deseret have increased 49.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Deseret?

Based on a typical all-in ownership cost of $925/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Deseret is $69k/year.

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What industries drive the economy in Deseret?

The largest employment sectors in Deseret are public administration (18%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.