84029, Grantsville, UT

The 84029 zip code of Grantsville, UT has a population of about 2,000 people. The median household income in this zip code is about $60,000, which is lower than the national median household income of $53,046. However, the median home value in this zip code is about $240,000, which is higher than the national median home value of $217,500. This indicates that there are a lot of homes in this zip code that are worth a lot more than the average household income.

One reason why there are so many homes in this zip code that are worth a lot more than the average household income is because there are a lot of wealthy people living in this area. Grantsville is located near Salt Lake City and it has been known for years as one of the wealthiest areas in Utah. Therefore, it is not surprising that there are a lot of homes in this zip code that are worth a lot more than the average household income.

Another reason why there are so many homes in this zip code that are worth a lot more than the average household income is because Grantville has been experiencing an increase in home prices over the past few years. The market for housing prices seems to be strong right now and buyers seem to be willing to pay high prices for properties in this area.