What is the median household income in American Fork, UT?
The median household income in American Fork, UT is $98,878 (±$8,286) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,697 a month would take about $67,900 a year at the common guideline of spending no more than 30% of income on rent.
In American Fork, the median household income went from $77,857 in 2015–2019 to $98,878 in 2020–2024 (+27.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $98,878 (±$8,286)
- Median renter income
- $69,865 (±$5,914)
- Income to afford median rent
- about $67,900
Income in American Fork against Utah County, its state and the nation
| American Fork | Utah County | Utah | United States | |
|---|---|---|---|---|
| Median household income | $98,878 (±$8,286) | $100,671 (±$1,431) | $95,166 (±$774) | $80,734 |
| Median renter household income | $69,865 (±$5,914) | $63,311 (±$2,181) | $60,778 (±$948) | $52,966 |
| Median owner household income | $119,565 (±$7,000) | $123,013 (±$1,524) | $114,089 (±$863) | $100,009 |
| Median gross rent | $1,697 (±$64) | $1,541 (±$23) | $1,496 (±$9) | $1,413 |
In American Fork, median household income is not measurably different from Utah County ($100,671).
It is not measurably different from Utah ($95,166).
It is higher than the national figure ($80,734).
In Utah County, American Fork ranks 21 of 26 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 93 of 264.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in American Fork
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,697 a month ($20,364 a year) needs an income of about $67,900 a year.
The median renting household in American Fork earns $69,865 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $77,857 (±$4,072) | $98,878 (±$8,286) | +27.0% | No measurable change after inflation |
| Median gross rent | $1,169 (±$93) | $1,697 (±$64) | +45.2% | Up after inflation |
| Median home value | $286,800 (±$7,367) | $496,700 (±$15,871) | +73.2% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near American Fork
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| American Fork | — | $98,878 (±$8,286) | — |
| Pleasant Grove | 2.9 mi | $101,073 (±$4,207) | Not measurably different |
| Cedar Hills | 3.2 mi | $139,008 (±$9,979) | Higher |
| Highland | 3.4 mi | $186,075 (±$13,861) | Higher |
| Lindon | 4.8 mi | $120,956 (±$17,724) | Higher |
| Lehi | 4.8 mi | $131,299 (±$7,964) | Higher |
| Vineyard | 5.5 mi | $103,380 (±$8,083) | Not measurably different |
| Alpine | 6.0 mi | $168,929 (±$34,191) | Higher |
| Saratoga Springs | 6.8 mi | $128,802 (±$7,451) | Higher |
Nearby places with a measurably higher figure: Cedar Hills, UT ($139,008), Highland, UT ($186,075), Lindon, UT ($120,956).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Utah County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 15 | Fairfield | $103,750 (±$59,940) |
| 16 | Vineyard | $103,380 (±$8,083) |
| 17 | Cedar Fort | $103,000 (±$24,573) |
| 18 | Pleasant Grove | $101,073 (±$4,207) |
| 19 | Santaquin | $99,837 (±$4,117) |
| 20 | Lake Shore | $99,058 (±$17,587) |
| 21 | American Fork | $98,878 (±$8,286) |
| 22 | Goshen | $95,147 (±$19,912) |
| 23 | Payson | $89,905 (±$6,542) |
| 24 | Springville | $89,816 (±$5,586) |
| 25 | Orem | $83,342 (±$1,708) |
| 26 | Provo | $64,171 (±$2,463) |
Showing 12 of 26 places in Utah County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about American Fork
What is the median household income in American Fork?
The median household income in American Fork is $98,878 (±$8,286) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in American Fork?
About $67,900 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,697 a month.
Have incomes in American Fork kept up with inflation?
In American Fork, the median household income went from $77,857 in 2015–2019 to $98,878 in 2020–2024 (+27.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in American Fork?
The median renting household in American Fork, UT earns $69,865 (±$5,914) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — American Fork city, Utah
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — American Fork city, Utah
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — American Fork city, Utah
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — American Fork city, Utah
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — American Fork city, Utah
- Median Value (B25077), 2015–2019 ACS 5-year estimates — American Fork city, Utah
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for American Fork city, Utah (place:01310, in state:49).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in American Fork at a glance
- Median rent in American Fork
- Rent by bedrooms in American Fork
- Rent burden in American Fork
- Renters and owners in American Fork
- Home values in American Fork
- Homeowner costs in American Fork
- Property taxes in American Fork
- Types of homes in American Fork
- Bedrooms in American Fork
- Age of homes in American Fork
- Vacancy rate in American Fork
- Heating fuel in American Fork
- Commute and cars in American Fork
- Crime reported to police in American Fork
- Population growth in American Fork
- How long people stay in American Fork
- Crowding and facilities in American Fork
- Utah landlord and tenant rules
- Housing across Utah County
- Utah places ranked by median household income
- Housing data for every place in Utah