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Mayfield

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

Median Home$335,300
Median Rent$959/month
Population588
Leading IndustriesTransportation · Public Administration · Manufacturing4% transportation
Home Value Growth+8.8% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners79% of occupied units
Mayfield
UT

Frequently Asked Questions

What are today's mortgage rates in Mayfield?

As of today, the 30-year fixed mortgage rate for Mayfield is approximately 7.017% (7.057% 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 Mayfield?

The median home value in Mayfield is $335k. The median monthly rent is $959. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mayfield?

Home values in Mayfield 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 Mayfield?

Based on a typical all-in ownership cost of $976/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mayfield is $69k/year.

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What industries drive the economy in Mayfield?

The largest employment sectors in Mayfield are public administration (30%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.