Key Economic Benchmarks
Median Household Income
$117,608$9,801 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Wasatch County, UT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Wasatch County, UT
Official FY2026 HUD Fair Market Rents for Wasatch County, UT. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,277 | $15,324 | $51,080 | 13% |
| 1-Bedroom Apartment | $1,594 | $19,128 | $63,760 | 16.3% |
| 2-Bedroom ApartmentBenchmark | $1,747 | $20,964 | $69,880 | 17.8% |
| 3-Bedroom Home | $2,430 | $29,160 | $97,200 | 24.8% |
| 4-Bedroom Home | $2,931 | $35,172 | $117,240 | 29.9% |
50/30/20 Living Budget in Wasatch County, UT
Based on the local median household income of $117,608/year ($9,801/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Utah
Explore net income after federal income tax, FICA, and Utah state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Utah with official federal datasets:
Frequently Asked Questions About Living in Wasatch County, UT
What is the median household income in Wasatch County, UT?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Wasatch County, UT is $117,608 per year (approximately $9,801 per month).
What is the average rent in Wasatch County, UT?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Wasatch County, UT are $1,277 for a studio, $1,594 for 1 bedroom, $1,747 for 2 bedrooms, $2,430 for 3 bedrooms, and $2,931 for 4 bedrooms.
How does the cost of living in Wasatch County, UT compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Wasatch County, UT is 98.9 (1.1% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Wasatch County, UT?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,747/month) in Wasatch County, UT requires a minimum gross household income of $69,880 per year ($5,823 per month).
What is a balanced 50/30/20 monthly budget in Wasatch County, UT?
For a typical household earning the median income of $117,608/year ($9,801/month) in Wasatch County, UT, a balanced 50/30/20 budget allocates $4,900/month to essential needs (rent, utilities, groceries), $2,940/month to discretionary spending, and $1,960/month to savings and debt repayment.
What are typical electricity and utility costs in Wasatch County, UT?
Residential electricity rates in Utah average 13.4¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $120 per month.