Herriman, Utah.
Typical home $603,287 (+0.5% in a year), asking rent $1,913 (+0.4%). Salt Lake City, UT metro.
to buy the typical home at today's mortgage rate — +$1,686 (+114%) since Jan 2020.
- 1 year
- Up $3,169 +1%
- $600,118$603,287 since Sep 2025
- 5 years
- Up $55,214 +10%
- $548,073$603,287 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Herriman$3,167
- Utah$2,797
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 36 years.
Typical home values in Herriman, UT rose 0.5% over the past year — slower than the nation's +1.2%.
Asking rents in Herriman, UT rose 0.4% over the past year — slower than the nation's +2.7%.
Owning the typical home in Herriman runs $2,170/mo more than renting one. The gap peaked at $2,178 in Jan 2025.
That is $4,084 a month against $1,913 rent: a $3,167 mortgage payment, plus $271 property tax and $646 insurance & upkeep.
Owning vs renting — Herriman
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$4,084
- Renting$1,913
- Mortgage only$3,167
Property tax · $271/mo 0.54% of value a year — the ACS 2020-2024 median bill over the median home value for Salt Lake County, UT
Insurance & upkeep · $646/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Herriman, Salt Lake County, Utah
Herriman is a city of 55,144 people in Salt Lake County. Half its households earn more than $122,650 a year and half less, against $97,494 across Salt Lake County; 5% of its people live below the poverty line. 79% of its homes are lived in by their owners and 21% are rented. Unemployment in Herriman was 3.5% in August 2026, and Salt Lake County had 1.5% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Herriman is a large and fast-growing city in the southwest part of the Salt Lake Valley, with a young population and a median age below what is common across the country. Most homes are lived in by their owners, and household incomes run well above the county's, with few residents living below the poverty line. Homes here are typically worth a good deal more than the national norm, and rents are high as well. A large share of adults hold a four-year degree.
Work. Residents work mostly in schools, hospitals and social care, professional and business services, retail, and banking, insurance and property. Unemployment is low and has barely moved over the past year, and across Salt Lake County the number of jobs grew a little last year. The typical commute is a moderate one, and many residents work from home. Among the county's largest workplaces are the University of Utah and U of U Hospitals & Clinics, along with Western Governors University.
Things to do. Zions Bank Stadium is in or beside town. The Living Planet Aquarium and America First Field, a stadium, are each a short drive away. Winters are cold, with highs near freezing at the coldest point of the year, and summers are hot, with July the warmest month.
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- 17,559households
- 43%of adults have a degree
- 5%below the poverty line
- 27 mintypical commute
- 24%work from home
What residents work in
Employed residents by industry, from the Census survey. Salt Lake County had 808,479 jobs in 2025, 1.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 40° and lows near 25°; warmest in July, with highs near 94° and lows near 66°.
Average daily high and low, 1991–2020, at the Draper-point Of Mountain weather station, 6 miles away (NOAA).
Largest workplaces in Salt Lake County
- University of UtahUniversity or college16,385
- U of U Hospitals & ClinicsGeneral hospital12,298FTE
- Salt Lake CountyGeneral services departments, government8,613
- Western Governors UniversityUniversity or college8,420
- Bodell Construction an Aecon CompanyIndustrial building construction, general contractors6,260
- Salt Lake CountyRecreational sports club facilities4,565
- Sutter HealthHealthcare3,932
- Intermountain Medical CenterGeneral hospital3,720FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 1,130 workplaces with 20 or more staff, 202,386 people in all across the county; Herriman has one of its own. Colleges come from IPEDS (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- AvalanchesVery high
- Winter weatherRelatively high
- Wildfirerelatively high in parts of HerrimanRelatively moderate
- EarthquakesRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Herriman’s census tracts, against the rest of the country; all of them together, very high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Salt Lake County and the Salt Lake City, UT metro.
Herriman home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Herriman$603,287
- Utah$532,920
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Herriman listings, and the typical home goes pending in 31 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Herriman35.23%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Herriman31
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Herriman340
New listings per month
Sellers arriving at the market.
- Herriman96
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Herriman$576,411
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Herriman99.15%
Zip codes with a Herriman address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Herriman — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.