Cost of Living in Magna metro township, UT
Population: 29,488 • 2026 Data
$87,516
Median Household Income
+13% vs national
$1,623
Median Monthly Rent
+20% vs national
$341,400
Median Home Value
+1% vs national
5.0%
Unemployment Rate
Housing in Magna metro township
The median home value in Magna metro township, UT is $341,400. Monthly rent for a typical unit averages $1,623, while total monthly housing costs (including utilities and insurance) average $1,523.
Rent-to-income ratio: 22.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Magna metro township, UT is $87,516. The unemployment rate stands at 5.0%, with a labor force of 15,626 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.