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La Paz Valley

Learn about the people, housing, costs and businesses in La Paz Valley, Arizona

Median Home$200,600
Population308
Leading IndustriesInformation & Media · Finance & Insurance · Education12% information & media
Home Value Growth-3.2% over 2 years
Retirees23% of residentsslightly above average
Homeowners87% of occupied units
NotableTransit86/100 · excellent transit access
NotableVeteran Community9% of residents · top 22% nationally
La Paz Valley
AZ

Frequently Asked Questions

What are today's mortgage rates in La Paz Valley?

As of today, the 30-year fixed mortgage rate for La Paz Valley is approximately 6.966% (7.005% 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 La Paz Valley?

The median home value in La Paz Valley is $201k. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in La Paz Valley?

Home values in La Paz Valley have decreased 3.2% 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 La Paz Valley?

Based on a typical all-in ownership cost of $646/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in La Paz Valley is $49k/year.

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What industries drive the economy in La Paz Valley?

The largest employment sectors in La Paz Valley are public administration (20%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.