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Laymantown

Learn about the people, housing, costs and businesses in Laymantown, Virginia

Median Home$284,800
Population1,710
Leading IndustriesWholesale Trade · Public Administration · Healthcare12% wholesale trade
Home Value Growth⬆⬆+19.7% over 2 years
Retirees23% of residentsslightly above average
Homeowners94% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableHigh Incomes$88k/year · top 27% nationally
Laymantown
VA

Frequently Asked Questions

What are today's mortgage rates in Laymantown?

As of today, the 30-year fixed mortgage rate for Laymantown is approximately 6.840% (6.874% 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 Laymantown?

The median home value in Laymantown is $285k. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Laymantown?

Home values in Laymantown have increased 19.7% 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 Laymantown?

Based on a typical all-in ownership cost of $1,317/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Laymantown is $88k/year.

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What industries drive the economy in Laymantown?

The largest employment sectors in Laymantown are public administration (29%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.