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Lehi

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

Median Home$599,898
Median Rent$2,012/month
Population87,689
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services15% arts, food & hospitality
Home Value Growth+10.3% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners74% of occupied units
NotableHighly Educated32% hold a bachelor's degree · top 6% nationally
NotableHigh Incomes$131k/year · top 6% nationally
Lehi
UT

Frequently Asked Questions

What are today's mortgage rates in Lehi?

As of today, the 30-year fixed mortgage rate for Lehi is approximately 6.844% (6.878% 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 Lehi?

The median home value in Lehi is $600k. The median monthly rent is $2,012. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lehi?

Home values in Lehi have increased 10.3% 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 Lehi?

Based on a typical all-in ownership cost of $1,946/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $83k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lehi is $131k/year.

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What industries drive the economy in Lehi?

The largest employment sectors in Lehi are public administration (22%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.