Herriman is a city in southwestern Salt Lake County, Utah, United States.
- Located 20 miles southwest of Salt Lake City; quick access to I-15
- Over 40,000 residents
- Median household income $92,154
- Median Age 25.0
- Average Annual Growth Rate 9.03%
Utah Accolades
- Utah #1 Economic Outlook; based on factors such as overall tax burden and tax policy changes (ALEC-Laffer, Rich States Poor States 2013)
- Utah #1 Top 10 Pro-Business States (Pollina Corporate, 2013)
- Utah #1 Technology Concentration and Dynamism Composite Index (Milken Institute, 2013)
- Utah #1 Worker Productivity Index (Brookings Institute 2011)
- Utah #1 Job Growth; HIS Global Insight projects the highest average annual job growth rate through 2017
- Utah #1 Best Emerging Data Center Hubs (Business Facilities Magazine, 2012)
- Utah #2 10 States That Will Boom Over The Next 5 Years (Forbes, 2013)
- Utah #3 Best States for Business and Careers (Forbes Magazine, 2013)
- Utah #3 Best Business Climate (Business Facilities Magazine, Rankings Report 2013)
- Utah #4 Best States to Live, Well-being Index (Gallup Healthways, 2013)
Courtesy of Herriman City
Six of the newest listings in Herriman Utah
Housing Market Predictions 2025
In 2025, the housing market shows slow stabilization with mortgage rates declining from near 7%, boosting buyer interest. Home sales remain sluggish but may rise 6% by year-end, while prices continue modest growth due to limited supply. Inventory has increased,...
What Mortgage Rate Will Get Buyers Moving?
A 6% mortgage rate could make homes affordable for 5.5 million more households, potentially unlocking major buying activity across key U.S. metro areas. NAR forecasts rates falling to 6% by 2026, possibly increasing home sales 14%. Current high rates and inventory...
Homeowner Equity Grows Even as Home Prices Dip
After 3 quarters of slipping, equity-rich homes finally ticked up in Q2 2025. ~50% of U.S. homes with mortgages are now equity-rich. Equity-rich = owing less than 50% of your home’s value. In just one quarter, equity-rich homes jumped from 46.2% to 47.4% nationwide....
