Salt Lake City, UT · standard
ZIP Code 84123
Salt Lake County, Utah - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 37,900
- 1,780/sq mi
- $81,271
- Median income
- $464,500
- Median home value
- 28.0%
- Bachelor's or higher
The verdict
Salt Lake City pairs an above-median household income with upper-quartile home values, in a low-density, mixed-tenure area.
- Top 36%
- household income, US ZIPs
- Top 15%
- home value, US ZIPs
- 1,780
- people per sq mi
- 60%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 84123 against every reporting US ZIP.
ZIP code 84123 is a densely settled ZIP (a standard USPS delivery area) in Salt Lake City, Salt Lake County, Utah, with 37,900 residents across 21.3 square miles, a density of 1,780 people per square mile, in the Denver time zone.
ZIP 84123 lands in the middle-income range, with a median household income of $81,271 (6% below the Utah average), while per-capita income is $38,524. 7.8% of residents live below the poverty line, and the unemployment rate reads 5.5%. On housing, the median home value is $464,500 (8% above the state average) with median rent at $1,467 per month, and 59.5% of occupied units are owner-occupied.
Educational attainment sits below the national norm: 28.0% of adults hold a bachelor's degree or higher, the median age is 34.7, and the average commute is 22 minutes. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 84123, plus 6 more within Salt Lake County, give a clearer read than the national average alone.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 84123
Top 5 sectors by establishment count in Salt Lake City, UT
Which industries have the most business establishments in ZIP 84123.
- Professional, scientific, and technical services
Professional, scientific, and technical services
140 establishments
- Health care and social assistance
Health care and social assistance
133 establishments
- Construction
Construction
103 establishments
- Retail trade
Retail trade
100 establishments
- Finance and insurance
Finance and insurance
75 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 84123, Salt Lake City, UT · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
37,900
Population
21.3
Area (sq mi)
1,780
People / sq mi
Denver
Time Zone
standard
ZIP Type
Who lives in ZIP 84123?
34.7
Median Age
50.3%
Male
49.7%
Female
14.6%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$81,271
Median Household Income
-6% vs state
$38,524
Per Capita Income
7.8%
Poverty Rate
5.5%
Unemployment Rate
21.9 min
Mean Commute Time
How ZIP 84123 ranks nationally
Salt Lake City, UT household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$81,271 Top 36% higher than 64% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
15,082
Total Housing Units
14,258
Occupied Units
824
Vacant Units
2.59
Avg Household Size
Occupancy Type
$464,500
Median Home Value
+8% vs state
$1,467
Median Rent
1984
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+3.3%
YoY Change (2024)
325
HPI Index (2000 = 100)
+225%
Total Change Since 2000
Home values in ZIP 84123 have increased 3.3% over the past year (2024). Since 2000, this ZIP has seen +225% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +5.9% | 218 |
| 2021 | +17.5% | 256 |
| 2022 | +19.4% | 305 |
| 2023 | +3.0% | 315 |
| 2024 | +3.3% | 325 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 950 business establishments in ZIP 84123, employing approximately 24,877 people with a combined annual payroll of $1,549,426,000.
950
Businesses
24,877
Employees
$1.5B
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 140 | 14.7% |
| Health care and social assistance | 133 | 14.0% |
| Construction | 103 | 10.8% |
| Retail trade | 100 | 10.5% |
| Finance and insurance | 75 | 7.9% |
| Accommodation and food services | 68 | 7.2% |
| Real estate and rental and leasing | 67 | 7.0% |
| Other services (except public administration) | 60 | 6.3% |
| Administrative and support and waste management and remediation services | 57 | 6.0% |
| Wholesale trade | 52 | 5.5% |
| Manufacturing | 28 | 3.0% |
| Transportation and warehousing | 20 | 2.1% |
| Information | 20 | 2.1% |
| Educational services | 11 | 1.2% |
| Management of companies and enterprises | 6 | 0.6% |
| Arts, entertainment, and recreation | 6 | 0.6% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 84123 vs 84107 →
ZIP 84123 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 84118
Salt Lake City (84118)
68,295 residents
- 84119
West Valley City (84119)
53,077 residents
- 84123
Salt Lake City (84123)
37,900 residents
- 84084
West Jordan (84084)
37,247 residents
- 84088
West Jordan (84088)
35,603 residents
- 84106
Salt Lake City (84106)
33,384 residents
- 84107
Salt Lake City (84107)
30,863 residents
- 84047
Midvale (84047)
28,936 residents
- 84070 24,861
Sandy (84070)
24,861 residents
What this shows Among its immediate neighbors, ZIP 84123 ranks #3 by population - useful context the national average alone can't give.
ZIP 84123 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 84088
West Jordan (84088)
$105,142 median income
- 84106
Salt Lake City (84106)
$101,551 median income
- 84084
West Jordan (84084)
$96,056 median income
- 84118
Salt Lake City (84118)
$90,562 median income
- 84117
Salt Lake City (84117)
$87,813 median income
- 84123
Salt Lake City (84123)
$81,271 median income
- 84070
Sandy (84070)
$78,991 median income
- 84047
Midvale (84047)
$75,954 median income
- 84107
Salt Lake City (84107)
$72,108 median income
What this shows By household income, ZIP 84123 ranks #6 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 84107 | Salt Lake City, UT | 30,863 | 1.9 mi |
| 84119 | West Valley City, UT | 53,077 | 3.2 mi |
| 84047 | Midvale, UT | 28,936 | 3.4 mi |
| 84084 | West Jordan, UT | 37,247 | 3.4 mi |
| 84115 | Salt Lake City, UT | 24,668 | 4.1 mi |
| 84117 | Salt Lake City, UT | 24,305 | 4.6 mi |
| 84118 | Salt Lake City, UT | 68,295 | 4.8 mi |
| 84088 | West Jordan, UT | 35,603 | 4.9 mi |
| 84106 | Salt Lake City, UT | 33,384 | 4.8 mi |
| 84070 | Sandy, UT | 24,861 | 5.9 mi |
More ZIP Codes in Salt Lake County
Related Areas
Frequently Asked Questions
What county is ZIP code 84123 in? ▼
What is the population of ZIP code 84123? ▼
What is the median household income in ZIP 84123? ▼
What is the average home value in ZIP 84123? ▼
What is the demographic makeup of ZIP 84123? ▼
How many businesses are in ZIP code 84123? ▼
What are the main industries in ZIP code 84123? ▼
How have home values changed in ZIP code 84123? ▼
What is the education level in ZIP code 84123? ▼
What is the average commute time in ZIP 84123? ▼
What percentage of residents own vs. rent in ZIP 84123? ▼
What is the poverty rate in ZIP code 84123? ▼
Read our methodology to see how this data is sourced, computed, and verified.