Rich County, Utah Housing Market

In Rich County, Utah, the median home value is $334,600, with a median monthly rent of $760. This places Rich County at #474 nationally out of 3134 counties by median home value, and #18 within Utah.

Median Home Value $334,600
Median Rent $760/mo
Owner Occupancy 84.7%
Price/Rent Ratio 36.7

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

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Employment & Wages

834
jobs (private sector)
  • Avg weekly wage: $771
  • Establishments: 131
  • BLS QCEW, 2025
🏗️

Housing Supply

82
new units authorized (2025)
  • Single-family: 62
  • Multi-family: 20
  • U.S. Census Bureau, Building Permits Survey
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Migration Patterns

+77
net migration (filers, 2021-2022)
  • Inflow: 866 (avg $80,820)
  • Outflow: 789 (avg $79,981)
  • IRS Statistics of Income

How Rich County Compares

MetricRich CountyUtah AverageU.S. Average
Median Home Value $334,600 $418,720 $227,706
Median Gross Rent $760 $1,149 $968
Owner Occupancy Rate 84.7% 77.2% 73.3%
Price/Rent Ratio 36.7 29.9 18.7

Market Analysis

The median home value in Rich County is 20.1% below the Utah state average and 46.9% above the U.S. national average. The median rent of $760/month is 33.9% below the state average.

With a price-to-rent ratio of 36.7, Rich County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Rich County has an owner-occupancy rate of 84.7%, compared to 77.2% in Utah and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Nez Perce County Idaho $334,700 $1,015
Pacific County Washington $334,800 $1,005
Robertson County Tennessee $335,000 $1,199
Pierce County Wisconsin $333,700 $1,044
Northwest Hills Planning Region Connecticut $335,600 $1,193

Other Counties in Utah

CountyMedian Home ValueMedian RentOwner Occ.
Sanpete County $347,200 $954 74.3%
Garfield County $318,100 $817 70.3%
Sevier County $311,200 $912 77.8%
Uintah County $298,600 $941 73.5%
Iron County $379,000 $1,065 68.3%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).