State of Utah
Recent News About State of Utah
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Utah ranked 9th in average VA home loan amount in Q4 2023
With $485,228 in home loans issued, Utah ranked ninth in average loan amount for VA home loans in the fourth quarter of fiscal year 2023, according to the Veterans' Affairs Home Loans Index.
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VA Purchase Loans in Utah average $498,577 for Q4 2023
The average VA Purchase Loan amount for Utah in the fourth quarter of fiscal year 2023 was $498,577, according to figures provided by the Veterans Affairs Home Loans Index.
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VA provides 27.4% fewer purchase loans in Utah for 2023 vs. 2022
The number of VA purchase loans in Utah for 2023 was 2,446 and totaled $1.2 billion, according to figures provided by the Veterans Affairs Home Loans Index.
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VA issues fewer Interest Rate Reduction Refinance Loans in Utah in 2023 vs. 2022
The VA issued 3,078 Interest Rate Reduction Refinance Loans in Utah during the 2023 fiscal year, totaling $1.5 billion, according to figures provided by the Veterans Affairs Home Loans Index.
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Utah ranked 26th among U.S. states in total VA home loans during 2023
Utah ranked 26th in VA home loans in 2023 with 3,078 loans issued, according to figures provided by the Veterans Affairs Home Loans Index.
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Utah sees inflation increase as of January 2024
As of January 2024, Utah experienced a 20.4% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 17.9% increase.
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Number of VA loans issued in Utah decreased by 26% from Q4 2022 to Q4 2023
The U.S. Department of Veterans Affairs (VA) issued 831 home loans totaling $403.2 million in Utah during the fourth quarter of the fiscal year 2023, according to figures provided by the Veterans Affairs Home Loans Index.
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VA’s Interest Rate Reduction Refinance Loans in Utah average $515,864 for Q4
The VA’s Interest Rate Reduction Refinance Loans in Utah for the fourth quarter of the fiscal year 2023 averaged $515,864, according to figures provided by the Veterans Affairs Home Loans Index.
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Average VA Purchase Loan amount in Utah increases from Q2 to Q3 2023
The average VA Purchase Loan amount for Utah in the third quarter of fiscal year 2023 was $508,264, according to figures provided by the Veterans Affairs Home Loans Index
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Most residents from Utah 10 to 14 years old in 2021
The median age of Utah residents was 31 in 2021, lower than the national average of 38.
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Census Bureau: More men than women in Utah in 2021
Of the 3,231,370 people living in Utah in 2021, 49.4% (1,597,527) were women and 50.6% (1,633,843) were men, according to U.S. Census Bureau data obtained by Beehive State News.
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Utah sees less individual income tax revenue as of Q4 2023 compared to Q4 2022
The fourth quarter of 2023 brought in $2.1 billion in individual income tax revenue for Utah, a 4.2% decrease from the same period in the previous year, according to the U.S. Census Bureau.
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3.5% of citizens in Utah unemployed in 2021
The unemployment rate in Utah hit 3.5% among residents aged 16 and 65 years old in 2021.
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VA issues more Interest Rate Reduction Refinance Loans in Utah in Q4 vs. Q3 2023
The VA issued 16 Interest Rate Reduction Refinance Loans in Utah during the fourth quarter of fiscal year 2023, compared to six loans the previous quarter, according to figures provided by the Veterans Affairs Home Loans Index.
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Utah receives $8.3 million in VA Interest Rate Reduction Refinance Loans during Q4
The VA issued 16 Interest Rate Reduction Refinance Loans in Utah during the fourth quarter of fiscal year 2023, according to the Veterans Affairs Home Loans Index.
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Average VA home loan amount in Utah increases in Q3 2023
The average VA home loan amount in Utah during the third quarter of the fiscal year 2023 was $492,861, a 6.4% increase over the previous quarter, according to the Veterans Affairs Home Loans Index.
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Utah ranks sixth in average VA home loan amount in 2022
With $433,346 in issued loans, Utah ranked sixth for the average amount of a VA home loan in 2022, according to figures provided by the Veteran Affairs Home Loans Index.
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Average VA home loan amount in Utah increase from 2021 to 2022
The average VA loan amount for Utah in the fiscal year 2022 was $433,346, according to the Veterans Affairs Home Loans Index.
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Census Bureau: 70.7% of people in Utah were old enough to vote in 2021
Of the 3,231,370 citizens living in Utah in 2021, 70.7% were old enough to vote, equating to 2,285,307 individuals, according to U.S. Census Bureau data obtained on Oct. 26.
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Census Bureau: 5.6% of people in Utah identified as multiracial in 2021
Of the 3,231,370 citizens living in Utah in 2021, 94.4% said they were only one race, while 5.6% said they were two or more races, according to U.S. Census Bureau data obtained in June.