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Mexican Hat

Learn about the people, housing, costs and businesses in Mexican Hat, Utah

Median Home$329,300
Median Rent$833/month
Population20
Leading IndustriesPublic Administration · Manufacturing · Wholesale Trade31% public administration
Home Value Growth-2.8% over 2 years
Retirees43% of residentstop 1% nationally
Homeowners71% of occupied units
NotableVeteran Community14% of residents · top 3% nationally
NotableTransit81/100 · excellent transit access
Mexican Hat
UT

Frequently Asked Questions

What are today's mortgage rates in Mexican Hat?

As of today, the 30-year fixed mortgage rate for Mexican Hat is approximately 6.880% (6.915% 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 Mexican Hat?

The median home value in Mexican Hat is $329k. The median monthly rent is $833. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mexican Hat?

Home values in Mexican Hat have decreased 2.8% 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 Mexican Hat?

Based on a typical all-in ownership cost of $927/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mexican Hat is $72k/year.

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What industries drive the economy in Mexican Hat?

The largest employment sectors in Mexican Hat are public administration (31%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.