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Hanksville

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

Median Home$411,800
Median Rent$884/month
Population164
Leading IndustriesTransportation · Finance & Insurance · Information & Media6% transportation
Home Value Growth-0.1% over 2 years
Young Adults26% of residents
Homeowners79% of occupied units
NotableTransit79/100 · excellent transit access
Hanksville
UT

Frequently Asked Questions

What are today's mortgage rates in Hanksville?

As of today, the 30-year fixed mortgage rate for Hanksville is approximately 6.867% (6.902% 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 Hanksville?

The median home value in Hanksville is $412k. The median monthly rent is $884. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hanksville?

Home values in Hanksville have decreased 0.1% 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 Hanksville?

Based on a typical all-in ownership cost of $677/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hanksville is $77k/year.

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What industries drive the economy in Hanksville?

The largest employment sectors in Hanksville are public administration (21%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.