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Rental Insights for ZIP Code 84041 (Layton, UT)

Housing Rentals in ZIP Code 84041 (Layton, UT)

84041 ZIP Code in Utah

Everything to Know About Rentals in the U.S. ZIP Code 84041

ZIP Code 84041 is primarily associated with Layton, UT in Davis County. This Utah region has an estimated median housing rent of $990 per month. About 35.5% of housing units in this Davis County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 3.6%.

The median rent in ZIP Code 84041 of $990 per month is 5% lower than the aggregate Utah median monthly rent of $1,037, and is 7% lower than the $1,062 the median monthly rent in the U.S. overall. About 45.6% of residents in ZIP Code 84041 pay between $500 and $999 per month for rent. That is 15% higher than in Utah overall, in which 39.7% of total state residents pay between $500 and $999 per month for housing. Just 0.2% of renters in this Layton, UT region pay $3,000 or more per month for rent.

ZIP Code 84041 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 84041

See the chart below for a comparison of monthly rental costs in ZIP Code 84041, Utah, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 84041 along with those in the state of Utah and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 84041

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 84041 Utah U.S.
Less than $500 5.9% 7.2% 9.4%
$500 to $999 45.6% 39.7% 36.2%
$1,000 to $1,499 39.5% 35.4% 30.0%
$1,500 to $1,999 7.2% 13.2% 14.0%
$2,000 to $2,499 0.8% 3.0% 5.6%
$2,500 to $2,999 0.8% 0.8% 2.4%
$3,000 or more 0.2% 0.8% 2.4%

Rent Cost vs. Income in ZIP Code 84041

Renters in ZIP Code 84041 use an estimated 27.64% of their income to cover their monthly rent payments. That is about 3% lower than in Utah overall. The estimate for Utah overall is 28.59% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 84041 renters use about 7% less of their income to cover rent expense. Household income figures for ZIP Code 84041 come in lower than in Utah as a whole. The median annual household income in ZIP Code 84041 of $70,698 sits approximately 1% lower than the overall Utah median income of $71,621 and approximately 12% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 84041

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 84041, Utah, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 84041 along with the same calculations in the state of Utah and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 84041

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 84041 Utah U.S.
Less than 15.0 percent 11.1% 13.9% 13.1%
15.0 to 19.9 percent 20.5% 15.1% 12.9%
20.0 to 24.9 percent 16.7% 14.5% 12.9%
25.0 to 29.9 percent 13.9% 11.9% 11.6%
30.0 to 34.9 percent 7.0% 9.3% 9.1%
35.0 percent or more 30.8% 35.3% 40.5%

Household Income in ZIP Code 84041

See the table below for the regional comparison of annual household income in ZIP Code 84041.

Income ZIP 84041 Utah U.S.
Less than $10,000 3.1% 3.9% 6.0%
$10,000 to $14,999 2.3% 2.9% 4.3%
$15,000 to $24,999 5.9% 6.4% 8.9%
$25,000 to $34,999 6.9% 7.7% 8.9%
$35,000 to $49,999 14.1% 12.1% 12.3%
$50,000 to $74,999 22.2% 19.5% 17.2%
$75,000 to $99,999 18.7% 15.5% 12.7%
$100,000 to $149,999 17.8% 18.5% 15.1%
$150,000 to $199,999 5.8% 7.2% 6.8%
$200,000 or more 3.2% 6.4% 7.7%

Household Income in ZIP Code 84041

See the chart below for a comparison of annual household income figures in ZIP Code 84041, Utah, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 84041 alongside the same figures for the state of Utah and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 84041

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 84041.

ZIP 84041 Utah U.S.
Median Housing Rent $990 $1,037 $1,062
Renter-Occupied Housing Units 35.5% 29.8% 36.0%
Rental Vacancy Rate 3.6% 6.0% 6.0%
Average Size of Renter-Occupied Unit 2.63 2.80 2.49
Average # of Bedrooms Per Unit 3.34 3.43 2.75
Percent of Income Spent on Rent 27.64% 28.59% 29.83%
Per Capita Income $26,391 $29,775 $34,103
Median Household Income $81,316 $91,292 $88,607
Living Below the Poverty Line 8.9% 6.8% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 84041

In ZIP Code 84041 (Layton, UT), and estimated 35.5% of housing units are occupied by renters. This region has an approximate rental vacany rate of 3.6%.

The per capita income in 84041 is estimated at $26,391, which goes along with an estimated median household income of $81,316. About 8.9% of residents in this Davis County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.63 occupants, while the units have an aggregate average size of 3.34 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 27.64% of their income on housing rental costs.

Rental FAQs for ZIP Code 84041

1

What is the median monthly rent in ZIP Code 84041?

Median rent for housing in ZIP Code 84041 in Davis County in Utah is approximately $990 per month.
2

Is it expensive to rent in ZIP Code 84041?

Rent in ZIP Code 84041 is lower than average in the state of Utah overall. The median monthly rent of $990 in ZIP Code 84041 is approximately 5% lower than the Utah median of $1,037. Additionally, median rent in this Layton, UT region ($990) is about 7% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 84041?

High-priced rentals are less common in ZIP Code 84041 than in Utah overall. The percentage of rentals in ZIP Code 84041 that cost $3,000 or more per month (0.2%) is about 75% lower than the Utah rate of 0.8% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 92% higher than the aforementioned 84041 rate of 0.2%.
4

Are affordable rentals common in ZIP Code 84041?

Affordable rentals are more common in ZIP Code 84041 than in Utah overall. The percentage of housing rentals in ZIP Code 84041 costing $999 or less per month (51.5%) is approximately 10% higher than the Utah rate of 46.9% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 13% lower than the previously mentioned 84041 rate of 51.5%.
5

What is the most common cost range that rentals fall into in ZIP Code 84041?

The most common range for rental cost in ZIP Code 84041 is between $500 and $999 per month. About 45.6% of renters in 84041 pay in this range for monthly rent. In comparison, approximately 39.7% of renters in the state of Utah fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 84041 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 84041 is lower than the rental vacancy rate in the state of Utah overall. Rental vacancy of 3.6% in ZIP Code 84041 is about 40% lower than the Utah rate of 6.0%. Looking more broadly, rental vacancy in this Layton, UT region (3.6%) is an estimated 40% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 84041? How does it compare to other Utah regions?

Median household income in ZIP Code 84041 is lower than in the state of Utah overall. Annual household income of $70,698 in ZIP Code 84041 is about 1% lower than the Utah median of $71,621. Additionally, median household income in this Layton, UT region ($70,698) is approximately 12% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 84041 spend on housing costs?

Renters in ZIP Code 84041 spend a lower amount of their income on rent costs than do renters in Utah overall. Renters in ZIP Code 84041 spend an estimated 27.64% of their income on rent payments, which is about 3% lower than the overall Utah estimated rate of 28.59%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 7% higher than the ZIP Code 84041 estimated rate of 27.64%.
9

Do renters in ZIP Code 84041 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 84041 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 84041 spending 30 percent or more of their income on rent costs (37.8%) is approximately 15% lower than the Utah rate of 44.6% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 24% higher than the aforementioned 84041 rate of 37.8%.
10

What is the average household size of renter-occupied units in ZIP Code 84041?

The average household size of renter-occupied units in ZIP Code 84041 is lower than in the state of Utah overall. Annual household size of 2.63 in ZIP Code 84041 is about 6% lower than the Utah median of 2.80. Additionally, median household size in this Layton, UT region (2.63) is approximately 6% higher than median household size of 2.49 in the U.S. as a whole.