States · Utah · Iron County

Parowan, Utah.

Typical home $407,713 (+3.1% in a year). Cedar City, UT metro.

What it costs per month · Parowan $2,140/mo

to buy the typical home at today's mortgage rate — +$1,249 (+140%) since Jan 2020.

What the home itself did
1 year
Up $12,156 +3%
$395,557$407,713 since Sep 2025
5 years
Up $64,991 +19%
$342,722$407,713 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.

$1,000 $2,000 $3,000 2002 2006 2010 2014 2018 2022 2026 Parowan $2,140 Utah $2,797 United States $1,922
$1,000 $2,000 $3,000 2002 2010 2018 2026
  • Parowan$2,140
  • Utah$2,797
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 20 years.

Typical home values in Parowan, UT rose 3.1% over the past year — faster than the nation's +1.2%.

Living in Parowan, Iron County, Utah

Parowan is a city of 2,996 people in Iron County. Half its households earn more than $53,145 a year and half less, against $66,247 across Iron County; 12% of its people live below the poverty line. Unemployment in Iron County was 3.7% in August 2026, and the county had 4.3% more jobs in 2025 than the year before. The most people in Iron County work in schools and health care, then shops.

People 2,996 in the 2020 census
Household income $53,145 the median, give or take $12,819 · Iron County: $66,247
Unemployment 3.7% Iron County, August 2026; 3.6% a year before
Homes Too few homes in Parowan for the Census survey to measure.

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 It can be wrong or out of date.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. Parowan is a small city in Iron County, Utah, with a population that has stayed modest. Household incomes in town run below the county's, and a fair number of residents live below the poverty line. Homes here are valued well above what the town's incomes might suggest, and fewer adults hold a four-year degree than many might expect. Winters are cold, with December the coldest month and highs staying well below freezing, while July brings mild summer highs rather than intense heat.

Work. Residents work mostly in schools, hospitals and social care, followed by shops, manufacturing and the building trades. Across Iron County, some of the largest workplaces are Southern Utah University, Walmart and Cedar City Hospital. Unemployment across the county is close to where it stood a year ago, and the county has added jobs over the past year. The typical commute is a moderate one, longer than a quick hop across town.

Things to do. In or beside town, the Parowan Meetinghouse and the Jesse N. Smith House are both museums, good for a slow afternoon with local history. A short drive away is Little Salt Lake, and a longer drive brings you to Cedar Breaks National Monument, a protected area that suits a day trip. Brian Head Ski Resort, also a longer drive, is the nearest ski area on the list.

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  • 1,096households
  • 24%of adults have a degree
  • 12%below the poverty line
  • 28 mintypical commute

What people in Iron County work in

  • Schools, hospitals and social care28%
  • Shops (retail)12%
  • Manufacturing10%
  • Building trades10%
  • Restaurants, hotels and entertainment9%
  • Professional and business services9%

Employed residents by industry, from the Census survey. Iron County had 25,889 jobs in 2025, 4.3% more than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in December, 28° and 10°; warmest in July, 71° and 42° 20° 40° 60° 80° J F M A M J J 71° 42° A S O N D 28° 10°
Average daily high and low for each month: coldest in December, 28° and 10°; warmest in July, 71° and 42° 20° 40° 60° 80° J F M A M J J 71° 42° A S O N D 28° 10°

Coldest in December, with highs near 28° and lows near 10°; warmest in July, with highs near 71° and lows near 42°.

Average daily high and low, 1991–2020, at the Brian Head weather station, 10 miles away (NOAA).

Largest workplaces in Iron County

  1. Southern Utah UniversityUniversity or college1,389
  2. Building Zone IndustriesErecting structural steel794
  3. WalmartWarehouse clubs and supercenters607
  4. Cedar City HospitalGeneral medical and surgical hospitals523
  5. DW Chrysalis Holdings, LLCResidential intellectual and developmental disability facilities504
  6. Cedar City HospitalGeneral hospital357FTE
  7. Mountain Capital PartnersSki lodges and resorts with accommodations229
  8. Genpak Utah WestFood containers, polystyrene foam, manufacturing204

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 40 workplaces with 20 or more staff, 8,338 people in all across the county; Parowan has none 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

  1. Winter weatherVery high
  2. LightningVery high
  3. LandslidesRelatively high
  4. WildfireRelatively high
  5. EarthquakesRelatively high
  6. DroughtRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Parowan’s census tracts, against the rest of the country; all of them together, relatively moderate. 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 Iron County and the Cedar City, UT metro.

Parowan home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$200,000 $300,000 $400,000 $500,000 2018 2020 2022 2024 2026 Parowan $407,713 Utah $532,920 United States $366,157
$200,000 $300,000 $400,000 $500,000 2018 2022 2026
  • Parowan$407,713
  • Utah$532,920
  • United States$366,157
Property tax, 2026 roll $1,491/yr median bill inside Parowan, effective 0.40% of estimated value — current assessment rolls, AssessorSearch Data Lab, quality-gated against the county's official figures

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 6 Parowan listings — 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.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

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.

10% 15% 20% 25% 2024 2025 2026 Parowan 18.17% United States 26.90%
10% 15% 20% 25% 2024 2025 2026
  • Parowan18.17%
  • United States26.90%

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

20 30 40 2018 2019 2020 2021 2022 2023 2024 2025 2026 Parowan 39
20 30 40 2018 2022 2026
  • Parowan39

New listings per month

Sellers arriving at the market.

5 6 7 8 9 2026 Parowan 9
5 6 7 8 9 2026
  • Parowan9

Zip codes with a Parowan address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Parowan — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Parowan