Cost of Living in Spanish Fork, UT
Population: 43,632 • 2026 Data
$98,497
Median Household Income
+27% vs national
$1,417
Median Monthly Rent
+5% vs national
$444,200
Median Home Value
+31% vs national
1.9%
Unemployment Rate
Housing in Spanish Fork
The median home value in Spanish Fork, UT is $444,200. Monthly rent for a typical unit averages $1,417, while total monthly housing costs (including utilities and insurance) average $1,628.
Rent-to-income ratio: 17.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Spanish Fork, UT is $98,497. The unemployment rate stands at 1.9%, with a labor force of 21,093 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.