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
| Magna metro Township | Salt Lake County | Utah | United States | |
|---|---|---|---|---|
| Renter-occupied share | 21.1% (±3.4 points) | 33.9% (±0.7 points) | 29.8% (±0.4 points) | 34.8% |
| Renting households | 1,923 (±352) | 144,370 (±3,121) | 334,678 (±4,794) | 45,017,354 |
| Owning households | 7,208 (±360) | 281,875 (±3,019) | 790,144 (±5,369) | 84,210,142 |
| Average renter household size | 3.1 (±0.3) | 2.3 (±0.0) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 3.4 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 24.7% (±2.9 points) | 21.1% (±3.4 points) | −3.6 percentage points | Not 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Magna metro Township | — | 21.1% (±3.4 points) | — |
| Lake Point | 6.8 mi | 13.4% (±8.2 points) | Not measurably different |
| West Valley City | 10 mi | 27.9% (±1.7 points) | Higher |
| Stansbury Park | 11 mi | 7.5% (±4.2 points) | Lower |
| Kearns metro Township | 12 mi | 16.2% (±3.0 points) | Lower |
| Erda | 12 mi | 4.6% (±4.3 points) | Lower |
| Salt Lake City | 13 mi | 54.2% (±1.4 points) | Higher |
| Copperton metro Township | 14 mi | 39.8% (±12.3 points) | Higher |
| Taylorsville | 14 mi | 28.8% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 11 | Cottonwood Heights | 27.6% (±2.8 points) |
| 12 | Sandy | 24.8% (±1.9 points) |
| 13 | West Jordan | 22.8% (±1.4 points) |
| 14 | Bluffdale | 22.6% (±6.0 points) |
| 15 | Herriman | 21.4% (±2.9 points) |
| 16 | Holladay | 21.3% (±3.1 points) |
| 17 | Magna metro Township | 21.1% (±3.4 points) |
| 18 | South Jordan | 18.6% (±1.9 points) |
| 19 | Kearns metro Township | 16.2% (±3.0 points) |
| 20 | Riverton | 15.1% (±3.8 points) |
| 21 | White City metro Township | 13.7% (±5.1 points) |
| 22 | Emigration Canyon metro Township | 8.0% (±4.3 points) |
| 23 | Brighton | 5.2% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Magna metro township, Utah
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Magna metro township, Utah
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Magna metro township, Utah
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Magna metro township, Utah
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Magna metro township, 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 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.
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 .
Related
- Housing in Magna metro Township at a glance
- Median rent in Magna metro Township
- Rent by bedrooms in Magna metro Township
- Rent burden in Magna metro Township
- Income and affordability in Magna metro Township
- Home values in Magna metro Township
- Homeowner costs in Magna metro Township
- Property taxes in Magna metro Township
- Types of homes in Magna metro Township
- Bedrooms in Magna metro Township
- Age of homes in Magna metro Township
- Heating fuel in Magna metro Township
- Commute and cars in Magna metro Township
- Population growth in Magna metro Township
- How long people stay in Magna metro Township
- Crowding and facilities in Magna metro Township
- Utah landlord and tenant rules
- Housing across Salt Lake County
- Utah places ranked by share of renters
- Housing data for every place in Utah