Median home value is about $857,400 — about 146% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $2,564 (about 120% above the U.S. median rent ($1,163)), and owner-occupancy near 83.7% (about 18.3 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 84049 in Midway, UT, a household would need roughly $236,000 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 $5,508. That is about 68% above the local median household income ($140,500), 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.