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Loa

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

Median Home$411,800
Median Rent$884/month
Population536
Leading IndustriesWholesale Trade · Manufacturing · Professional Services15% wholesale trade
Home Value Growth-0.1% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners79% of occupied units
NotableTransit79/100 · excellent transit access
Loa
UT

Frequently Asked Questions

What are today's mortgage rates in Loa?

As of today, the 30-year fixed mortgage rate for Loa is approximately 6.870% (6.905% 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 Loa?

The median home value in Loa is $412k. The median monthly rent is $884. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Loa?

Home values in Loa have decreased 0.1% 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 Loa?

Based on a typical all-in ownership cost of $677/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Loa is $77k/year.

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What industries drive the economy in Loa?

The largest employment sectors in Loa are public administration (19%) and wholesale trade (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.