What is the rental yield in Granary District, Salt Lake City, Utah?

The gross yield in Granary District, Salt Lake City, Utah is 3.8%. That sits alongside prices about 20% above the city median and 86% above the state median, plus a 14.1% increase over the past year. The Red Flag score is 52.

How has Granary District, Salt Lake City, Utah performed over the past year?

Granary District, Salt Lake City, Utah has seen prices rise 14.1% over the past year. That appreciation comes with prices about 20% above the city median and 86% above the state median, gross yield of 3.8%, walkability of 90, and a Red Flag score of 52.

How does Granary District, Salt Lake City, Utah compare to Salt Lake City?

Granary District, Salt Lake City, Utah is priced about 20% above Salt Lake City overall, with gross yield of 3.8% and price growth of 14.1% over the past year. Walkability is 90, education is in the 42nd percentile, and the Red Flag score is 52.

Neighborhood

Granary District

Salt Lake City, Utah US

Granary District, Salt Lake City, Utah has a mixed investment profile: prices sit about 20% above the city median and 86% above the state median, while gross yield is 3.8% and prices are up 14.1% over the past year. The neighborhood combines very strong walkability of 90 with an education percentile of 42. Risk is moderate, with a Red Flag score of 52.

AI Summary•Updated May 2026

Area

0.77 mi²

ZIP Code

84101

County

Salt Lake County

State

Utah

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5EPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$502,351

YoY+14.1%

Gross Rental Yield

3.8%

Listed rent · ZORI annualized

Red Flag Index

Moderate

52 / 100

Walkability Score

Walker's Paradise

OpenStreetMap POI density · national percentile

Education Score

42 / 100

Fair · better than 42% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

Granary District Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Granary District, Salt Lake City.

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$502,351	+14.1%
Price / Sq Ft (Verified)	$469/sqft	-20.2%
Asking Rent (Median)	$1,589/mo	-1.2%
Gross Rental Yield	3.8%	—
Liquidity Score	18 / 100	Low
Homes Sold (Period)	30	+200.0%

Is Granary District Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Utah crime context.

Red Flag Breakdown

52 / 100

Moderate Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Earthquake100Very High

Flood60High

Hail60High

Tornado40Moderate

Heat40Moderate

Strong Wind40Moderate

Wildfire20Low

Hurricanen/an/a

7/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Utah averaged 16.4 crimes and 2.3 violent per 1,000 residents (-9.9% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Appreciating market — +14.1% sale-price YoY

Highly walkable neighborhood — score 90/100

Dense amenities — 58 dining & 9 grocery options nearby

Earthquake risk is Very High (100/100)

Insights are generated from Granary District's live DistrictScore metrics.

Granary District Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Utah-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

5.2 µg/m³ Meets EPA, above WHO guideline-6.7% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Granary District centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 23% of U.S. neighborhoods.

Utah Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	16.4	2.3	-9.9%
2023	18.5	2.3	-12.3%
2022	21.5	2.4	-7.8%
2021	23.6	2.6	-11.1%
2020	27.3	2.6	+14.9%
2019	24.1	2.4	—

Reported at the state level — the finest official US crime aggregation; Granary District inherits the Utah figures.

Radon Potential

EPA

Zone 2

Zone 2 — Moderate potential · Granary District

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Superfund (NPL)1.1 kmHigh

Industrial odor13 nearbyVery High

Point-source screening near Granary District: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Granary District

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

90

Walker's Paradise

Walkability Score

9

Grocery

58

Dining

1

Schools

0

Universities

1

Hospitals

2

Pharmacies

10

Parks

5

Rail Transit

1

Coworking

POI counts are amenities within Granary District's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Granary District vs Salt Lake City vs Utah

How Granary District benchmarks against its city and state medians.

Benchmark vs City & State

Across Granary District, the median sale price sits about 20% above the median for Salt Lake City neighborhoods and about 86% above the statewide median. Gross rental yield is 3.8%, against 3.5% for Salt Lake City neighborhoods and 3.8% statewide. Over the past 12 months, prices rose 14.1%. Transaction liquidity sits below the median for Salt Lake City neighborhoods and below the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Granary District	$469/sqft	3.8%	18
Salt Lake City	$389/sqft	3.5%	25
Utah	$253/sqft	3.8%	32

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Buying Property in the US as a Foreigner

Federal & Utah tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.45% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 4.55%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: none statewide (local tax may apply).

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents7

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

1031 State Conformity

The state conforms to the federal 1031 like-kind exchange rules.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Utah property-tax guidance for foreign buyers

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Granary District Real Estate FAQ

Granary District, Salt Lake City, Utah shows a mixed profile. Prices are about 20% above the city median and 86% above the state median, gross yield is 3.8%, and prices are up 14.1% over the past year. It also has walkability of 90 and a Red Flag score of 52.

Neighborhoods near Granary District

Compare Granary District with nearby neighborhoods in Salt Lake City.

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