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Gunnison

Learn about the people, housing, costs and businesses in Gunnison, Utah

Median Home$315,400
Median Rent$1,010/month
Population3,511
Leading IndustriesManufacturing · Professional Services · Agriculture & Mining3% manufacturing
Home Value Growth-8.3% over 2 years
Young Adults33% of residentswell above average
Homeowners76% of occupied units
Gunnison
UT

Frequently Asked Questions

What are today's mortgage rates in Gunnison?

As of today, the 30-year fixed mortgage rate for Gunnison is approximately 6.874% (6.909% 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 Gunnison?

The median home value in Gunnison is $315k. The median monthly rent is $1,010. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gunnison?

Home values in Gunnison have decreased 8.3% over the past two years. Buyers may find more negotiating room in this market. 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 Gunnison?

Based on a typical all-in ownership cost of $1,046/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gunnison is $77k/year.

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What industries drive the economy in Gunnison?

The largest employment sectors in Gunnison are public administration (21%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.