
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
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2026 Interest Rate Forecast: Continued Adjustments
Federal funds rate projected to fall from 3.7% (Q1) to 3.1% (Q4), marking consistent quarterly reductions. Rate adjustments aim to stabilize the economy, setting the stage for long-term equilibrium.

2025 Housing Market Forecast for Buyers & Sellers
2025 housing market: moderate rise in home sales, stabilized mortgage rates, and slower price increases. All-cash buyers make up 26% of sales, driven by increased homeowner equity.

Home Prices Stay High, Buyers Wait for Relief
In October, the combination of rising mortgage rates and high home prices has slowed home sales to a 14-year low.New single-family home sales ↑ 4.1% MoM, signaling potential market recovery.
