How much do homeowners pay a month in Lake Point, UT?

Name: Homeowner costs in Lake Point, UT, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

Homeowners with a mortgage in Lake Point, UT pay a median of $2,423 (±$371) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $545 (±$160).

86.8% of owned homes carry a mortgage.

Figures last updated on November 12, 2026.

With a mortgage: $2,423 (±$371)
Without a mortgage: $545 (±$160)
Owned with a mortgage: 86.8%

Monthly owner costs in Lake Point

Median selected monthly owner costs, estimate (90% margin of error)
	Lake Point	Tooele County	Utah	United States
With a mortgage	$2,423 (±$371)	$1,903 (±$49)	$2,009 (±$12)	$1,963
Without a mortgage	$545 (±$160)	$483 (±$30)	$564 (±$4)	$638
Owned homes with a mortgage	86.8% (±7.0 points)	78.0% (±1.8 points)	68.8% (±0.4 points)	60.6%
Median real estate taxes (a year)	$3,321 (±$198)	$2,460 (±$72)	$2,525 (±$10)	$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Lake Point, the median cost with a mortgage is higher than in Tooele County ($1,903).

It is also higher than in Utah ($2,009).

It is higher than the national figure ($1,963).

In Tooele County, Lake Point ranks 1 of 9 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 31 of 262.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Median monthly cost with a mortgage in places near Lake Point

Nearest places with a published estimate, compared with Lake Point
Place	Distance	Median monthly cost with a mortgage	Compared with this place
Lake Point	—	$2,423 (±$371)	—
Stansbury Park	4.0 mi	$2,013 (±$103)	Lower
Erda	5.1 mi	$2,221 (±$211)	Not measurably different
Magna metro Township	6.8 mi	$1,832 (±$69)	Lower
Tooele	10 mi	$1,776 (±$55)	Lower
Grantsville	12 mi	$2,098 (±$156)	Not measurably different
Copperton metro Township	12 mi	$1,671 (±$146)	Lower
West Valley City	13 mi	$1,858 (±$36)	Lower
Kearns metro Township	14 mi	$1,732 (±$67)	Lower

Nearby places with a measurably lower figure: Stansbury Park, UT ($2,013), Magna metro Township, UT ($1,832), Tooele, UT ($1,776).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Tooele County, place by place

Rank	Place	Median monthly cost with a mortgage
1	Lake Point	$2,423 (±$371)
2	Erda	$2,221 (±$211)
3	Grantsville	$2,098 (±$156)
4	Stansbury Park	$2,013 (±$103)
5	Vernon	$1,813 (±$805)
6	Tooele	$1,776 (±$55)
7	Stockton	$1,582 (±$239)

Showing 7 of 9 places in Tooele 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 Lake Point

What is the average mortgage payment in Lake Point?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lake Point, UT is $2,423 (±$371) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Lake Point?

Owners without a mortgage in Lake Point pay a median of $545 (±$160) a month in taxes, insurance, utilities and fees.

Sources

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 Lake Point city, Utah (place:42010, in state:49).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

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.