Cost of Living in Draper
Draper runs genuinely expensive on housing -- the highest average home value among this Utah A-tier batch's Silicon Slopes-corridor cities -- offset by low property taxes and Utah's real, current flat 4.45% state income tax.
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Learn moreHousing: the priciest entry point in this batch
Zillow's average Draper home value ran $803,331 as of mid-2026, up a modest 2.2% year-over-year -- meaningfully above Lehi, American Fork, and Eagle Mountain, reflecting Draper's more established, largely built-out suburban housing stock.
Low property taxes offset high home prices somewhat
Draper's median effective property tax rate ran 0.49% (a $3,486 median annual bill) per Ownwell's analysis, below the Utah statewide median of 0.55% -- and Draper's own city-government mill rate is separately cited as among the lowest city-portion rates in Salt Lake County.
Utah's flat income tax applies -- it is not zero
Utah levies a flat 4.45% state income tax for tax year 2026 (cut from 4.55% in 2023-2025 via Senate Bill 60) -- a real, current cost to budget for directly, genuinely different from a no-income-tax state.
Key takeaways
- Draper's housing runs the most expensive among this batch's Silicon Slopes-corridor cities ($803,331 average value).
- Property taxes run genuinely low (0.49% effective rate), below the Utah statewide median.
- Utah's flat 4.45% income tax (2026) applies statewide and should be budgeted for directly.
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