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Tooele

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

Median Home$381,573
Median Rent$1,363/month
Population38,929
Leading IndustriesFinance & Insurance · Information & Media · Wholesale Trade9% finance & insurance
Home Value Growth+2.3% over 2 years
Family-Friendly28% of residentswell above average
Homeowners79% of occupied units
NotableHigh Incomes$96k/year · top 20% nationally
Tooele
UT

Frequently Asked Questions

What are today's mortgage rates in Tooele?

As of today, the 30-year fixed mortgage rate for Tooele is approximately 6.888% (6.924% 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 Tooele?

The median home value in Tooele is $382k. The median monthly rent is $1,363. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tooele?

Home values in Tooele have increased 2.3% over the past two years. The market has been relatively stable. 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 Tooele?

Based on a typical all-in ownership cost of $1,429/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tooele is $96k/year.

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What industries drive the economy in Tooele?

The largest employment sectors in Tooele are public administration (18%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.