What percentage of people rent in Magna metro Township, UT?

21.1% (±3.4 points) of the occupied homes in Magna metro Township, UT are rented (2020–2024 American Community Survey).

That is 1,923 renting households against 7,208 that own their home.

In Magna metro Township, the share of households that rent went from 24.7% in 2015–2019 to 21.1% in 2020–2024 (−3.6 percentage points), not a measurable change.

Figures last updated on .

Households that rent
21.1% (±3.4 points)
Renting households
1,923 (±352)
Median renter income
$56,510 (±$14,661)

Who rents and who owns in Magna metro Township

Tenure, estimate (90% margin of error)
Magna metro TownshipSalt Lake CountyUtahUnited States
Renter-occupied share21.1% (±3.4 points)33.9% (±0.7 points)29.8% (±0.4 points)34.8%
Renting households1,923 (±352)144,370 (±3,121)334,678 (±4,794)45,017,354
Owning households7,208 (±360)281,875 (±3,019)790,144 (±5,369)84,210,142
Average renter household size3.1 (±0.3)2.3 (±0.0)2.5 (±0.0)2.3
Average owner household size3.4 (±0.2)3.0 (±0.0)3.2 (±0.0)2.6
Median renter household income$56,510 (±$14,661)$62,945 (±$1,735)$60,778 (±$948)$52,966
Median owner household income$101,094 (±$10,416)$120,690 (±$1,313)$114,089 (±$863)$100,009

In Magna metro Township, the renter share is lower than in Salt Lake County (33.9%).

It is also lower than in Utah (29.8%).

It is lower than the national figure (34.8%).

In Salt Lake County, Magna metro Township ranks 17 of 23 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 107 of 272.

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

How renting in Magna metro Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent24.7% (±2.9 points)21.1% (±3.4 points)−3.6 percentage pointsNot a measurable change
Median gross rent$1,120 (±$108)$1,625 (±$185)+45.1%Up after inflation
Median household income$63,075 (±$3,311)$90,346 (±$7,869)+43.2%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.

Households that rent in places near Magna metro Township

Nearest places with a published estimate, compared with Magna metro Township
PlaceDistanceHouseholds that rentCompared with this place
Magna metro Township—21.1% (±3.4 points)—
Lake Point6.8 mi13.4% (±8.2 points)Not measurably different
West Valley City10 mi27.9% (±1.7 points)Higher
Stansbury Park11 mi7.5% (±4.2 points)Lower
Kearns metro Township12 mi16.2% (±3.0 points)Lower
Erda12 mi4.6% (±4.3 points)Lower
Salt Lake City13 mi54.2% (±1.4 points)Higher
Copperton metro Township14 mi39.8% (±12.3 points)Higher
Taylorsville14 mi28.8% (±2.1 points)Higher

Nearby places with a measurably lower figure: Stansbury Park, UT (7.5%), Kearns metro Township, UT (16.2%), Erda, UT (4.6%).

Nearby places with a measurably higher figure: West Valley City, UT (27.9%), Salt Lake City, UT (54.2%), Copperton metro Township, UT (39.8%).

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

Households that rent across Salt Lake County, place by place

RankPlaceHouseholds that rent
11Cottonwood Heights27.6% (±2.8 points)
12Sandy24.8% (±1.9 points)
13West Jordan22.8% (±1.4 points)
14Bluffdale22.6% (±6.0 points)
15Herriman21.4% (±2.9 points)
16Holladay21.3% (±3.1 points)
17Magna metro Township21.1% (±3.4 points)
18South Jordan18.6% (±1.9 points)
19Kearns metro Township16.2% (±3.0 points)
20Riverton15.1% (±3.8 points)
21White City metro Township13.7% (±5.1 points)
22Emigration Canyon metro Township8.0% (±4.3 points)
23Brighton5.2% (±8.5 points)

Showing 13 of 23 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.

What you can do on Seayora in Magna metro Township

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Questions about Magna metro Township

How many renters are there in Magna metro Township?

Magna metro Township has an estimated 1,923 (±352) renting households, 21.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Magna metro Township?

In Magna metro Township, the share of households that rent went from 24.7% in 2015–2019 to 21.1% in 2020–2024 (−3.6 percentage points), not a measurable change.

How big are renting households in Magna metro Township?

A renting household in Magna metro Township has 3.1 people on average, against 3.4 in an owned home.

How much do renters earn in Magna metro Township?

The median renting household in Magna metro Township, UT has an income of $56,510 (±$14,661) a year, against $101,094 for households that own their home.

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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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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