Hill Air Force Base, UT—84056
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hill Air Force Base, UT
Hill Air Force Base, UT lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hill Air Force Base, UT
Hill Air Force Base, UT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hill Air Force Base, UT
Hill Air Force Base, UT lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Hill Air Force Base, UT
As of the latest ACS Survey released in 2023, Hill Air Force Base, UT has a population of 3,640, which has increased by 9.2% over the past 5 years. Hill Air Force Base, UT is a popular place for families, as children make up 36.4% of the population. The area has a poorly educated workforce, with 22.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,640 | 9.2% |
% Under 18 | 36.4% | 6.7% |
% Seniors | 0.4% | ∞% |
% WFH | 8.0% | 321.1% |
% w/ College Degree | 22.6% | -27.6% |
As of the latest ACS Survey released in 2023, Hill Air Force Base, UT is a predominantly white area, with 61.3% of the population identifying as white. The white population has shrunk by 8.8% in the last 5 years. The second most common race or ethnicity in Hill Air Force Base, UT is hispanic, making up 15.5% of the population. Foreign-born residents account for 4.5% of the population in Hill Air Force Base, UT, and this percentage has increased by 9.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 61.3% | -8.8% |
% Black | 15.2% | 100.0% |
% Hispanic | 15.5% | -2.5% |
% Asian | 2.4% | -11.1% |
% Foreign Born | 4.5% | 9.8% |
Mortgage and Risk — Hill Air Force Base, UT
According to HUD data as of 2023, there were 1 mortgage originations in Hill Air Force Base, UT, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 89.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Hill Air Force Base, UT. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Hill Air Force Base, UT
Hill Air Force Base, UT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,530 |
| 2 Bedroom | N/A | N/A | $1,890 |
| 3 Bedroom | N/A | N/A | $2,540 |
| 4 Bedroom | N/A | N/A | $3,070 |
Affordability — Hill Air Force Base, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $68,900 |