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Price

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

Median Home$225,625
Median Rent$844/month
Population8,235
Leading IndustriesManufacturing · Transportation · Professional Services3% manufacturing
Home Value Growth⬆⬆+12.9% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners60% of occupied units
Price
UT

Frequently Asked Questions

What are today's mortgage rates in Price?

As of today, the 30-year fixed mortgage rate for Price is approximately 6.980% (7.019% 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 Price?

The median home value in Price is $226k. The median monthly rent is $844. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Price?

Home values in Price have increased 12.9% 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 Price?

Based on a typical all-in ownership cost of $857/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Price is $56k/year.

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What industries drive the economy in Price?

The largest employment sectors in Price are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.