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Laton

Learn about the people, housing, costs and businesses in Laton, California

Median Home$348,600
Median Rent$1,276/month
Population1,512
Leading IndustriesConstruction · Agriculture & Mining · Transportation26% construction
Home Value Growth+8.8% over 2 years
Family-Friendly28% of residentswell above average
Homeowners65% of occupied units
Laton
CA

Frequently Asked Questions

What are today's mortgage rates in Laton?

As of today, the 30-year fixed mortgage rate for Laton is approximately 6.909% (6.946% 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 Laton?

The median home value in Laton is $349k. The median monthly rent is $1,276. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Laton?

Home values in Laton have increased 8.8% over the past two years. This represents moderate growth. 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 Laton?

Based on a typical all-in ownership cost of $1,390/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $60k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Laton is $74k/year.

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What industries drive the economy in Laton?

The largest employment sectors in Laton are public administration (27%) and agriculture and mining (26%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.