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Apartments For Rent in Salt Lake City, UT

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Apartments for Rent in Salt Lake City, UT

Salt Lake City is a mid-sized city in Utah with just over 194,000 residents. Young professionals can expect to feel welcome, as they account for an above-average percentage of the community, while retirees are less well-represented. In terms of housing, residents are fairly evenly split between renting (52%) and owning (49%) their residence. At $965 a month, the average rent is just below the state average.

Salt Lake City residents have an average commute of about 21 minutes, quicker than the Utah average of about 23 minutes. Driving a car or truck is the typical way to get to work, selected by 43% of workers, while public transit is used by only 4% of the city. Not many residents (3%) commute to work on foot, though the number is greater than the national average.

Salt Lake City has a high percentage of residents over the age of 25 who have advanced degrees compared to the national average (7%), as 11% possess a Master's degree or a Doctoral degree. In addition, 17% have a Bachelor's degree, which also outpaces the national average. Salt Lake City residents have a wide range of industries from which to choose. The four most common are education, healthcare, retail, and entertainment. Combined, these industries account for 28% of the city's workforce. Meanwhile, in terms of job function, many of the city's workers are in sales, as 8% of the city's population reports this as their field of work, the highest number of any field. Salt Lake City workers bring in an average annual income of just over $71K, around $7,000 less than the Utah average. The city's average income, however, is nearly on par with the national average of $73,345.