84522, Emery, UT

Emery, UT is located in the Salt Lake City metropolitan area. As of the 2010 census, Emery had a population of 10,848. The median household income was $60,000 and the median family income was $68,000. The 84522 zip code has a population of 3,927 and an average home value of $191,500.

The average home value in Emery increased by 7% from 2009 to 2010. This is significantly higher than the national increase of only 2%. In addition, the rate of growth for homes in Emery was faster than both Utah (5%) and the United States (3%).

There are several factors that contribute to this high level of home values in Emery. First and foremost is the strong economy which has led to increased demand for housing throughout Utah and nationwide. Second is Emery's location within Salt Lake City – one of America's most desirable cities. Third is Emery's low unemployment rate – currently at 2%. Fourth is Emery's lack of inventory – as evidenced by the fact that there are only 1% more homes for sale than there were a year ago but 6% more buyers looking for homes. Finally, many homeowners in Emery have taken advantage of low interest rates over recent years to refinance their mortgages and increase their home equity levels even further.

Despite these positive trends, there are some challenges facing residents in the 84522 zip code when it comes to buying or selling a home. For example, prices have risen faster than incomes over recent years which may make it difficult for some people to afford a house on their own or with help from family members or friends. Additionally, while there are still plenty of available homes for sale in Emery (there were 128 listings as of May 2011), many homeowners who want to sell their homes have had difficulty finding buyers willing to pay what they're asking – even with low interest rates currently prevailing