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La Verkin

Learn about the people, housing, costs and businesses in La Verkin, Utah

Median Home$411,518
Median Rent$1,396/month
Population4,528
Leading IndustriesManufacturing · Transportation · Professional Services1% manufacturing
Home Value Growth-1.6% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners78% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
La Verkin
UT

Frequently Asked Questions

What are today's mortgage rates in La Verkin?

As of today, the 30-year fixed mortgage rate for La Verkin is approximately 6.871% (6.906% 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 Verkin?

The median home value in La Verkin is $412k. The median monthly rent is $1,396. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in La Verkin?

Home values in La Verkin have decreased 1.6% 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 Verkin?

Based on a typical all-in ownership cost of $1,351/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in La Verkin is $68k/year.

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What industries drive the economy in La Verkin?

The largest employment sectors in La Verkin are public administration (22%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.