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Levan

Learn about the people, housing, costs and businesses in Levan, Utah

Median Home$431,600
Median Rent$789/month
Population897
Leading IndustriesWholesale Trade · Public Administration12% wholesale trade
Home Value Growth+6.3% over 2 years
Family-Friendly28% of residentswell above average
Homeowners89% of occupied units
NotableVeteran Community14% of residents · top 3% nationally
NotableHigh Incomes$93k/year · top 22% nationally
Levan
UT

Frequently Asked Questions

What are today's mortgage rates in Levan?

As of today, the 30-year fixed mortgage rate for Levan is approximately 6.848% (6.882% 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 Levan?

The median home value in Levan is $432k. The median monthly rent is $789. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Levan?

Home values in Levan have increased 6.3% 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 Levan?

Based on a typical all-in ownership cost of $1,093/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Levan is $93k/year.

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What industries drive the economy in Levan?

The largest employment sectors in Levan are public administration (27%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.