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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How to Avoid Capital Gains Taxes on Investment Properties
Capital gains on investment properties must be reported in the year of sale unless deferred. Use IRS Code Section 1031 to defer capital gains taxes by exchanging for a similar property.
Balanced Market Ahead: Median Price Approaches $411K
Home prices are expected to increase modestly in 2025, with a forecasted median of $410,700. Inventory will rise slightly, creating a balanced market with more opportunities for buyers in 2025.
Happy April Fool’s Day
Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!