How much do homeowners pay a month in Magna metro Township, UT?

Homeowners with a mortgage in Magna metro Township, UT pay a median of $1,832 (±$69) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $503 (±$40).

74.5% of owned homes carry a mortgage.

In Magna metro Township, the median monthly cost with a mortgage went from $1,331 in 2015–2019 to $1,832 in 2020–2024 (+37.6%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

With a mortgage
$1,832 (±$69)
Without a mortgage
$503 (±$40)
Owned with a mortgage
74.5%

Monthly owner costs in Magna metro Township

Median selected monthly owner costs, estimate (90% margin of error)
Magna metro TownshipSalt Lake CountyUtahUnited States
With a mortgage$1,832 (±$69)$2,124 (±$18)$2,009 (±$12)$1,963
Without a mortgage$503 (±$40)$609 (±$9)$564 (±$4)$638
Owned homes with a mortgage74.5% (±3.6 points)70.0% (±0.6 points)68.8% (±0.4 points)60.6%
Median real estate taxes (a year)$2,512 (±$89)$2,836 (±$18)$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 Magna metro Township, the median cost with a mortgage is lower than in Salt Lake County ($2,124).

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

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

In Salt Lake County, Magna metro Township ranks 19 of 22 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 116 of 262.

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

How owner costs in Magna metro Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,331 (±$37)$1,832 (±$69)+37.6%Up after inflation
Median real estate taxes$1,670 (±$46)$2,512 (±$89)+50.4%Up after inflation
Median home value$205,000 (±$6,682)$376,200 (±$12,291)+83.5%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 monthly cost with a mortgage in places near Magna metro Township

Nearest places with a published estimate, compared with Magna metro Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Magna metro Township—$1,832 (±$69)—
Lake Point6.8 mi$2,423 (±$371)Higher
West Valley City10 mi$1,858 (±$36)Not measurably different
Stansbury Park11 mi$2,013 (±$103)Higher
Kearns metro Township12 mi$1,732 (±$67)Lower
Erda12 mi$2,221 (±$211)Higher
Salt Lake City13 mi$2,070 (±$58)Higher
Copperton metro Township14 mi$1,671 (±$146)Not measurably different
Taylorsville14 mi$1,844 (±$64)Not measurably different

Nearby places with a measurably lower figure: Kearns metro Township, UT ($1,732).

Nearby places with a measurably higher figure: Lake Point, UT ($2,423), Stansbury Park, UT ($2,013), Erda, UT ($2,221).

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

Median monthly cost with a mortgage across Salt Lake County, place by place

RankPlaceMedian monthly cost with a mortgage
13West Jordan$2,028 (±$50)
14Murray$2,012 (±$85)
15White City metro Township$1,942 (±$154)
16Midvale$1,870 (±$80)
17West Valley City$1,858 (±$36)
18Taylorsville$1,844 (±$64)
19Magna metro Township$1,832 (±$69)
20South Salt Lake$1,824 (±$154)
21Kearns metro Township$1,732 (±$67)
22Copperton metro Township$1,671 (±$146)

Showing 10 of 22 places in Salt Lake 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 Magna metro Township

What is the average mortgage payment in Magna metro Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Magna metro Township, UT is $1,832 (±$69) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Magna metro Township?

Owners without a mortgage in Magna metro Township pay a median of $503 (±$40) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Magna metro Township gone up?

In Magna metro Township, the median monthly cost with a mortgage went from $1,331 in 2015–2019 to $1,832 in 2020–2024 (+37.6%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

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 Magna metro township, Utah (place:47290, 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.

Figures last updated on .

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