ZIP Code 84016 — undefined, undefined Demographics & Data

ZIP code 84016 covers ZIP 84016 with a population of about 257.

At a glance, the area shows median age of 30.3 versus a U.S. median of about 38.9.

It sits in the SALT LAKE CITY media market.

Median household income in ZIP 84016 is about $93,625 — about 25% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 18.5%; unemployment rate near 3.7%; 32.0% of adults with a bachelor’s degree or higher (about 1.7 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Professional services, and Finance and insurance; about 34.0% of workers reporting work-from-home (about 18.8 points above the U.S. share (15.2%)); a mean commute of about 68.0 minutes (U.S. average near 26.8).

Median home value is about $390,900 — about 12% above the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 72.9% (about 7.5 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 84016, a household would need roughly $108,000 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 $2,511. That is about 15% above the local median household income ($93,625), 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.