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Rental Insights for ZIP Code 84520 (East Carbon, UT)

Housing Rentals in ZIP Code 84520 (East Carbon, UT)

84520 ZIP Code in Utah

Everything to Know About Rentals in the U.S. ZIP Code 84520

ZIP Code 84520 is primarily associated with East Carbon, UT in Carbon County. This Utah region has an estimated median housing rent of $594 per month. About 25.0% of total housing units in this Carbon County ZIP Code are occupied by renters, while the estimated rental vacancy rate is zero.

The median rent in ZIP Code 84520 of $594 per month is 43% lower than the aggregate Utah median monthly rent of $1,037, and is 44% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 60.2% of residents in ZIP Code 84520 pay between $500 and $999 per month for rent. That is 52% higher than in Utah overall, in which 39.7% of total state residents pay between $500 and $999 per month for housing. Just 39.8% of ZIP Code 84520 renters pay less than $500 for monthly rent.

ZIP Code 84520 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 84520

See the chart below for a comparison of monthly rental costs in ZIP Code 84520, Utah, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 84520 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 84520

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

Cost ZIP 84520 Utah U.S.
Less than $500 39.8% 7.2% 9.4%
$500 to $999 60.2% 39.7% 36.2%
$1,000 to $1,499 0.0% 35.4% 30.0%
$1,500 to $1,999 0.0% 13.2% 14.0%
$2,000 to $2,499 0.0% 3.0% 5.6%
$2,500 to $2,999 0.0% 0.8% 2.4%
$3,000 or more 0.0% 0.8% 2.4%

Rent Cost vs. Income in ZIP Code 84520

Renters in ZIP Code 84520 use an estimated 33.19% of their income to cover their monthly rent payments. That is about 16% higher 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 84520 renters use about 11% more of their income to cover rent expense. Household income figures for ZIP Code 84520 come in lower than in Utah as a whole. The median annual household income in ZIP Code 84520 of $33,750 sits approximately 53% lower than the overall Utah median income of $71,621 and approximately 46% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 84520

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 84520, 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 84520 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 84520

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

Rent Cost as % of Income ZIP 84520 Utah U.S.
Less than 15.0 percent 18.9% 13.9% 13.1%
15.0 to 19.9 percent 3.2% 15.1% 12.9%
20.0 to 24.9 percent 6.3% 14.5% 12.9%
25.0 to 29.9 percent 7.4% 11.9% 11.6%
30.0 to 34.9 percent 0.0% 9.3% 9.1%
35.0 percent or more 64.2% 35.3% 40.5%

Household Income in ZIP Code 84520

See the table below for the regional comparison of annual household income in ZIP Code 84520.

Income ZIP 84520 Utah U.S.
Less than $10,000 15.9% 3.9% 6.0%
$10,000 to $14,999 4.1% 2.9% 4.3%
$15,000 to $24,999 11.6% 6.4% 8.9%
$25,000 to $34,999 18.5% 7.7% 8.9%
$35,000 to $49,999 16.4% 12.1% 12.3%
$50,000 to $74,999 16.4% 19.5% 17.2%
$75,000 to $99,999 9.3% 15.5% 12.7%
$100,000 to $149,999 5.2% 18.5% 15.1%
$150,000 to $199,999 0.6% 7.2% 6.8%
$200,000 or more 1.9% 6.4% 7.7%

Household Income in ZIP Code 84520

See the chart below for a comparison of annual household income figures in ZIP Code 84520, Utah, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 84520 alongside the same figures for the state of Utah and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 84520

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 84520.

ZIP 84520 Utah U.S.
Median Housing Rent $594 $1,037 $1,062
Renter-Occupied Housing Units 25.0% 29.8% 36.0%
Rental Vacancy Rate 0.0% 6.0% 6.0%
Average Size of Renter-Occupied Unit 2.53 2.80 2.49
Average # of Bedrooms Per Unit 2.68 3.43 2.75
Percent of Income Spent on Rent 33.19% 28.59% 29.83%
Per Capita Income $18,776 $29,775 $34,103
Median Household Income $45,864 $91,292 $88,607
Living Below the Poverty Line 20.8% 6.8% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 84520

In ZIP Code 84520 (East Carbon, UT), and estimated 25.0% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 84520 is estimated at $18,776, which goes along with an estimated median household income of $45,864. About 20.8% of residents in this Carbon County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.53 occupants, while the units have an aggregate average size of 2.68 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 33.19% of their income on housing rental costs.

Rental FAQs for ZIP Code 84520

1

What is the median monthly rent in ZIP Code 84520?

Median rent for housing in ZIP Code 84520 in Carbon County in Utah is approximately $594 per month.
2

Is it expensive to rent in ZIP Code 84520?

Rent in ZIP Code 84520 is lower than average in the state of Utah overall. The median monthly rent of $594 in ZIP Code 84520 is approximately 43% lower than the Utah median of $1,037. Additionally, median rent in this East Carbon, UT region ($594) is about 44% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 84520?

High-priced rentals are not common in the East Carbon, UT ZIP Code of 84520, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Utah overall, approximately 0.8% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 84520?

Affordable rentals are more common in ZIP Code 84520 than in Utah overall. The percentage of housing rentals in ZIP Code 84520 costing $999 or less per month (100%) is approximately 113% 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 119% lower than the previously mentioned 84520 rate of 100%.
5

What is the most common cost range that rentals fall into in ZIP Code 84520?

The most common range for rental cost in ZIP Code 84520 is between $500 and $999 per month. About 60.2% of renters in 84520 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 84520 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 84520 is lower than the rental vacancy rate in the state of Utah overall. Rental vacancy of 0.0% in ZIP Code 84520 is about 100% lower than the Utah rate of 6.0%. Looking more broadly, rental vacancy in this East Carbon, UT region (0.0%) is an estimated 100% 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 84520? How does it compare to other Utah regions?

Median household income in ZIP Code 84520 is lower than in the state of Utah overall. Annual household income of $33,750 in ZIP Code 84520 is about 53% lower than the Utah median of $71,621. Additionally, median household income in this East Carbon, UT region ($33,750) is approximately 46% lower 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 84520 spend on housing costs?

Renters in ZIP Code 84520 spend a higher amount of their income on rent costs than do renters in Utah overall. Renters in ZIP Code 84520 spend an estimated 33.19% of their income on rent payments, which is about 16% higher 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 11% lower than the ZIP Code 84520 estimated rate of 33.19%.
9

Do renters in ZIP Code 84520 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 84520 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 84520 spending 30 percent or more of their income on rent costs (64.2%) is approximately 44% higher 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 29% lower than the aforementioned 84520 rate of 64.2%.
10

What is the average household size of renter-occupied units in ZIP Code 84520?

The average household size of renter-occupied units in ZIP Code 84520 is lower than in the state of Utah overall. Annual household size of 2.53 in ZIP Code 84520 is about 10% lower than the Utah median of 2.80. Additionally, median household size in this East Carbon, UT region (2.53) is approximately 2% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Utah ZIP Codes