Cost of Living in American Fork, UT
Population: 35,312 • 2026 Data
$95,823
Median Household Income
+24% vs national
$1,665
Median Monthly Rent
+24% vs national
$467,900
Median Home Value
+38% vs national
3.4%
Unemployment Rate
Housing in American Fork
The median home value in American Fork, UT is $467,900. Monthly rent for a typical unit averages $1,665, while total monthly housing costs (including utilities and insurance) average $1,647.
Rent-to-income ratio: 20.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in American Fork, UT is $95,823. The unemployment rate stands at 3.4%, with a labor force of 18,246 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.