Salt Lake City Homes For Sale
Salt Lake City, Utah, which is usually shortened by area residents to ‘Salt Lake', is the largest city in the state of Utah. It is also the capital of the state, with a population of nearly 200,00 within the city of itself, and a population of over 1.1 million counting all of the outlying areas that are included in the Salt Lake City metro region.
Because Utah is primarily dominated by members of the Church of Jesus Christ of Latter-Day Saints, known as “Mormons”, the city and especially the outlying areas are very family-oriented. Salt Lake City has many different events aimed at families - with The Soulistics playing in 2015 - and that concert followed by a massive fireworks show that takes months to design and lasts for much longer than most fireworks shows. There is also the main public library, which is the cultural center of the city and shows just how much the city cares about the residents there.
Salt Lake Metropolitan Area is huge and sprawling and includes all of the suburb neighborhoods and areas like Liberty Park, Cottonwood Heights, Foothill, and Snowbird. These suburbs are full of single family homes and the real estate market in the region is booming, mostly because the jobs that have been created and the growth that the area is experiencing. There are also quite a few multi-family homes as well as mobile homes, apartments and lofts downtown.
The median age for people living in Salt Lake City is a bit older than the other parts of Utah. The median age is 31.2 years while Utah, in general, has a younger age of 29.0 years. The approximate median household income in Salt Lake was $42,827 in 2012. This is quite a bit lower than the median income of the combined state of Utah, which is $57,049. In the winter months, particularly December and January, the average temperature can get down to about 25 degrees. In the summer, the average temperature will peak at about 80 degrees, but in some cases the temperature can get all the way to 90. In Utah, and particularly in Salt Lake, rental properties are so much in demand that private owners are renting out their homes. Salt Lake City experienced huge job growth in 2013 and continually has promise for a sharp investor.
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