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Big Water

Learn about the people, housing, costs and businesses in Big Water, Utah

Median Home$319,300
Median Rent$1,242/month
Population482
Leading IndustriesProfessional Services · Construction · Agriculture & Mining5% professional services
Home Value Growth+2.7% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners90% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Big Water
UT

Frequently Asked Questions

What are today's mortgage rates in Big Water?

As of today, the 30-year fixed mortgage rate for Big Water is approximately 6.886% (6.922% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Big Water?

The median home value in Big Water is $319k. The median monthly rent is $1,242. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Big Water?

Home values in Big Water have increased 2.7% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Big Water?

Based on a typical all-in ownership cost of $626/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Big Water is $67k/year.

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What industries drive the economy in Big Water?

The largest employment sectors in Big Water are public administration (20%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.