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ZIP 83002 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 83002

Median Home Value
$1,652,500
Median Rent
$1,832
Affordability Snapshot
$455,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$10,615/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

16.2x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

75.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 83002, a household would need roughly $455,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $10,615. That is about 345% above the local median household income ($102,288), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 29% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
59.7%-9% vs US avg
x
Vacancy Rate
29.1%+183% vs US avg
x
Broadband Access
87.1%+0% vs US avg
x
4+ Bedrooms
7.0%-53% vs US avg
x
Built Pre-1939
2.1%-83% vs US avg
x
Built Post-2014
1.1%-83% vs US avg
x
Rent Burden >30%
3.8%-92% vs US avg
x
Mortgage-Free
48.5%+27% vs US avg
x
$1,652,500
Home Value
$1,832
Rent
1993
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached55.8%
  • 1-unit attached17.8%
  • 2-9 units17.3%
  • 10+ units4.5%
  • Mobile home & other4.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,652,500
Median rent$1,832
Owner-occupied59.7%
Vacant29.1%
Price-to-income16.2x
Est. income to buy$455,000