Quick facts: Roosevelt, UT

Quick Facts

105.9
Cost of Living
above US average
7,097
Population
28.32
Crime Rate per 1000
above US average
$66,552
Median Income
below US average
$350,000
Median House Price
above US average
$850.0
Average Rent
below US average
11%
Poverty Rate
above US average
3.2%
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 $66,552.

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Income Needed to Buy

βœ— Stretch
$110k/year
Based on $350,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $110k vs median $66,552
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Income Needed to Rent

βœ“ Affordable
$36k/year
Based on $850.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($66,552) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Roosevelt, UT

Roosevelt, Utah, is a charming small city located in the heart of Utah's Uintah Basin. Known for its picturesque landscapes and strong sense of community, Roosevelt serves as the county seat of Duchesne County. The city is named after President Theodore Roosevelt and reflects a rich mix of history and natural beauty. Surrounded by the stunning Rocky Mountains and close to the stunning Uinta National Forest, Roosevelt provides ample opportunities for outdoor activities such as hiking, fishing, and camping. The nearby Starvation Reservoir is a popular spot for boating and water sports. The area's economy is primarily driven by agriculture, natural resources, and energy production, with a notable presence of oil and gas activities. Roosevelt is also home to a growing arts community, with events and festivals celebrating local culture. Residents enjoy a small-town atmosphere with access to essential amenities, including schools, healthcare, and shopping options. Overall, Roosevelt, UT, offers a unique blend of outdoor adventure and community spirit perfect for those seeking a peaceful lifestyle amidst natural beauty.

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