Exciting News for Salt Lake City, Utah! Zillow has ranked Salt Lake City to be the nations top real estate market in 2014. Salt Lake City, Utah has experienced lower than average unemployment. Utah's unemployment rate sits at 3.9% compared to the national average of 6.6%. The low unemployment rate coupled with the amazing population growth that Utah has experienced makes it a great time for fence sitters to jump back into the Salt Lake real estate market.