Total monthly cost of ownership
Cost to Own a Home in Heber, Utah
A $571,000 home here costs
$4,074per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $174,500 a year.
A standard mortgage calculator would have told you $3,113. The real number is $960 higher every month, 31% more than the payment most buyers budget for.
Compare Wasatch County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Heber against Wasatch County and Utah
| Measure | Heber | Wasatch County |
|---|---|---|
| Median home value | $571,300 | $724,400 |
| Median property tax | $2,736 | $3,230 |
| Effective tax rate | 0.479% | 0.446% |
| Median gross rent | $1,862 | $1,905 |
| Population | 17,438 | 35,808 |
The weather behind that power bill
Heber sits in Wasatch County, which averages a high of 89.5°F in its hottest month and a low of 12.5°F in its coldest, with 15.07" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 307 cooling and 6,999 heating degree days, which is what sets the $103 electricity line above.
See the full climate breakdown for Wasatch County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Wasatch County
Talk to someone who works this market
These are Heber averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Heber every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Heber?
A $571,000 home in Heber, Utah costs approximately $4,074 per month with 20% down at 7.24%. That is $3,113 principal and interest, $228 property tax, $86 homeowners insurance, $171 utilities and $476 set aside for maintenance.
What is the property tax rate in Heber?
Heber has an effective property tax rate of 0.479%, based on a median home value of $571,300 and median real estate taxes of $2,736. That is higher than the Wasatch County average of 0.446%.
What is the average home price in Heber?
The median owner-occupied home value in Heber, Utah is $571,300, against $724,400 across Wasatch County.
Is it cheaper to rent or buy in Heber?
Median gross rent in Heber is $1,862 a month, against $4,074 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Heber?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Heber, Utah at today's rate takes a household income of roughly $174,500 a year. That covers the full $4,074 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Heber, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Utah.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.