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La Veta

Learn about the people, housing, costs and businesses in La Veta, Colorado

Median Home$415,400
Median Rent$740/month
Population882
Leading IndustriesArts, Food & Hospitality · Healthcare · Public Administration12% arts, food & hospitality
Home Value Growth⬆⬆+11.4% over 2 years
Retirees25% of residentsabove average nationally
Homeowners74% of occupied units
NotableHighly Educated29% bachelor's · 12% graduate · top 10% nationally
La Veta
CO

Frequently Asked Questions

What are today's mortgage rates in La Veta?

As of today, the 30-year fixed mortgage rate for La Veta is approximately 6.902% (6.938% 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 Veta?

The median home value in La Veta is $415k. The median monthly rent is $740. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in La Veta?

Home values in La Veta have increased 11.4% over the past two years. This indicates a strong appreciation trend. 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 Veta?

Based on a typical all-in ownership cost of $801/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in La Veta is $56k/year.

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What industries drive the economy in La Veta?

The largest employment sectors in La Veta are public administration (26%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.