Magna metro vs Orem: Housing
| Magna metro | Orem | |
|---|---|---|
| Median Home Value | $376,200 | $472,300 |
| Median Gross Rent | $1,625/mo | $1,438/mo |
| Homeownership Rate | 78.9% | 57.8% |
| Rent as Share of Income | 21.6% | 20.7% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.