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Davis County, UT

RANK #622 / 996  ·  POP 363,032  ·  UT

PROJECTED GROWTH: +0.3%

Davis County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Davis County?

Antelope Island State Park, home to free-roaming bison and stunning Great Salt Lake views, is a defining feature of Davis County, Utah. Located just north of Salt Lake City, the county offers a blend of suburban living and natural amenities. Commute times to Salt Lake City are generally short, aided by Interstate 15 and the FrontRunner commuter rail. The community feel is often described as family-friendly and safe, with access to over 500 miles of trails for hiking and biking, numerous parks, and fishing ponds. The county's location between the Wasatch Mountains and the Great Salt Lake provides diverse outdoor recreation opportunities, from mountain trails to beaches on Bridger Bay.

Life in Davis County is characterized by a focus on family and community, with highly-rated public schools. Many residents commute to jobs in nearby Salt Lake City or within the county. The economy is driven by sectors such as defense, with Hill Air Force Base being a major employer, alongside small manufacturing, distribution, and service industries. The county has seen consistent economic growth, with an increase in GDP and a low unemployment rate, reflecting a resilient local economy.

[02] Market Snapshot

Housing Ratio
8.5x

Overvalued relative to economy

GDP Growth
+4.5%

Well above national median

Home Prices
+2.9%

Outpacing national median

Climate & Terrain
5.5

Favorable climate & terrain

Price/Rent
19x

Above national median (13x)

Housing looks overvalued at 8.5x — home prices are high relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Davis County U.S. National

The Numbers

DEMOGRAPHICS
Population
363,032
+1.17% YoY
Median Household Income
$101,285
Median Home Value
$423,200
+2.9% 12mo
Median Rent
$1,407
Average Annual Pay
$59,003
+4.1% YoY
Employment
144,747
+0.4% YoY
Income-to-Home-Value
0.2393
Near national average
Migration Inflow
3.55%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$513,450
Days on Market
70
Slower market
Months of Supply
2.8
Seller's market
Sale-to-List Ratio
99.3%
Near asking price
Sold Above List
24.1%
Listings w/ Price Drops
27.1%
Building Permits (2024)
1,468
Single-Family Permits
920

Source: Redfin · Census BPS — Browse sales on Redfin →

[06] Score Breakdown

GDP Growth +4.5% 78 percentile
Population Growth +1.2% 76 percentile
Income Growth +9.2% 66 percentile
Vacancy Rate 0.7% 85 percentile
Home Price Change +2.9% 71 percentile
Rent Growth +2.3% 38 percentile
Price/Rent 19x 10 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Davis County, UT a good place to move to?

Davis County has a Boom Town Index score of 38/100, ranking #622 among 996 U.S. counties. With job growth at +0.4% and a median household income of $101,285, it faces some economic headwinds compared to faster-growing counties.

Is Davis County affordable?

The median home value in Davis County is $423,200 with median rent at $1,407/month. The income-to-home-value ratio is 0.2393, which is less affordable than the national average.

Is Davis County growing or shrinking?

Population growth: +1.2% year-over-year. Job growth: +0.4%. Home values changed +2.9% in the past 12 months.

Are people moving to Davis County?

Yes — 3.55% of Davis County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

McMinn County, TN 48 Montgomery County, VA 48 Bullitt County, KY 48 Cumberland County, NC 48 Licking County, OH 48 Walker County, GA 48 Monroe County, IN 48 Darlington County, SC 48