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Utah · Census place 47290

Magna metro township, UT

Quick answer

Magna metro township has 29,488 residents, ranking #37 of 334 places in Utah. Median household income is $87,516, the median home is worth $341,400 and median gross rent runs $1,623 a month.

Population
29,488Magna metro township residents
Median household income
$87,516Past 12 months, inflation adjusted
Median home value
$341,400Owner-occupied units
Median gross rent
$1,623Rent plus utilities, monthly
Median age
32.5 yrsAll residents
Homeownership rate
79.7%Owner-occupied households

What the numbers mean in Magna metro township

Housing cost measured against local earnings.

A household earning the Magna metro township median would spend about 22.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.5% of residents and 79.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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