Quick facts: Pleasant grove, UT

Quick Facts

105.9
Cost of Living
above US average
37,630
Population
10.47
Crime Rate per 1000
below US average
$91,322
Median Income
above US average
$599,900
Median House Price
above US average
$1937.63
Average Rent
above US average
7%
Poverty Rate
below US average
3.6%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $91,322.

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Income Needed to Buy

βœ— Stretch
$188k/year
Based on $599,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $188k vs median $91,322
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Income Needed to Rent

βœ“ Affordable
$83k/year
Based on $1937.63/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($91,322) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Pleasant grove, UT

Pleasant Grove, located in Utah County, Utah, is a charming city nestled at the base of the Wasatch Mountains. Known for its stunning natural scenery, Pleasant Grove features a variety of outdoor recreational activities, including hiking, biking, and access to beautiful parks. The city boasts a close-knit community atmosphere with a population of around 38,000 residents, making it ideal for families and individuals seeking a friendly environment. Pleasant Grove has a rich history, originally settled in the 1850s by Mormon pioneers. Today, remnants of this heritage can be seen in its well-preserved historic homes and buildings. The city hosts several annual events, such as the Pleasant Grove Strawberry Days, a beloved summer festival celebrating the local strawberry harvest. The city is also conveniently located near major thoroughfares, providing easy access to nearby cities like Provo and Orem. With a strong focus on education, Pleasant Grove is served by the Alpine School District, known for its quality schools. Overall, Pleasant Grove offers a blend of historical charm, modern amenities, and beautiful surroundings, making it a desirable place to live and visit.

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