Home Affordability in West Jordan, UT
The median home price in West Jordan is $450,000 with a median household income of $72,508. Housing is significantly stretched relative to local incomes.
Median Home Price
$450,000
Median Income
$72,508
Price-to-Income Ratio
6.2x
Est. Affordable Home
$282,000
Property Tax Rate
0.57%
Annual Property Tax
$2,565
Sales Tax Rate
7.35%
Cost of Living Index
102
Buying a Home in West Jordan
Based on the 28% rule (spending no more than 28% of gross income on housing), a household earning the median income of $72,508 in West Jordan can afford a monthly housing payment of approximately $1,692. This translates to a home price of roughly $282,000, which is below the median home price of $450,000 — many households may need a higher income, larger down payment, or should consider more affordable neighborhoods.
Property taxes on a median-priced home in West Jordan would be approximately $2,565 per year ($214/month) at the effective rate of 0.57%.
Down Payment Scenarios
| Down Payment | Amount | Loan Amount | PMI Required |
|---|---|---|---|
| 3% | $13,500 | $436,500 | Yes |
| 5% | $22,500 | $427,500 | Yes |
| 10% | $45,000 | $405,000 | Yes |
| 20% | $90,000 | $360,000 | No |
Use Our Home Affordability Calculator
Get a personalized estimate based on your income, debts, down payment, and credit score.
Calculate Now