Heber City Center is a suburban neighborhood (based on population density) located in Heber City, Utah.
Real estate in the City Center of Heber, UT is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the City Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Median real estate price in the City Center of Heber is $317,871, which is more expensive than 77.8% of the neighborhoods in Utah and 75.9% of the neighborhoods in the U.S.
The average rental price in Heber City Center is currently $1,140. Rents here are currently lower in price than 41.1% of Utah neighborhoods.
In Heber City Center, the current vacancy rate is 2.9%, which is a lower rate of vacancies than 87.9% of all neighborhoods in the U.S. This means that the housing supply in Heber City Center is very tight compared to the demand for property here.
The neighbors in the City Center neighborhood in Heber are upper-middle income, making it an above average income neighborhood. This neighborhood has a higher income than 74.6% of the neighborhoods in America. In addition, 11.8% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 59.8% of America's neighborhoods.
In the Heber City Center neighborhood, 33.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 32.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.2%), and 16.3% in clerical, assistant, and tech support occupations.
In the City Center neighborhood in Heber, UT, residents most commonly identify their ethnicity or ancestry as English (20.8%). There are also a number of people of Mexican ancestry (11.5%), and residents who report German roots (8.6%), and some of the residents are also of Irish ancestry (5.0%), along with some Danish ancestry residents (3.0%), among others.
The most common language spoken in the Heber City Center neighborhood is English, spoken by 85.3% of households. Some people also speak Spanish (12.9%).
Information by Department of Numbers, Bureau of Labor Statistics, U.S. Census Bureau and Locatoin Incorporated are deemed reliable but not guaranteed.
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Metropolitan Statistical Area (MSA) represents the current U.S. defined sampling area or region for reporting data to various local and state governments. MSAs may cross
county and state lines to form a qualified statistical region.
Information by realestate.com and altosresearch.com are deemed reliable but not guaranteed.
Salt Lake City
. (Recessions shown as gray bars.)
- Current Population Survey, CES
- Current Employment Statistics.
Salt Lake City
The rent-to-mortgage payment ratio uses the adjusted market rent against a 100% loan-to-value mortgage (30-year fixed) for the median price home using MLS sales statistics. A ratio of 1.0 means that annual rent is equivalent to annual mortgage payments. Values less than 1.0 indicate rents are cheaper, and values greater than 1.0 mean mortgage payments are cheaper. (Note: taxes are not considered here.)
The rent-to-mortgage payment ratio for Salt Lake City was 1.08 in December 2012.
Information by Department of Numbers, Bureau of Labor Statistics, U.S. Census Bureau deemed reliable but not guaranteed.