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Snowflake

Learn about the people, housing, costs and businesses in Snowflake, Arizona

Median Home$267,674
Median Rent$1,764/month
Population6,429
Leading IndustriesManufacturing · Construction · Agriculture & Mining1% manufacturing
Home Value Growth+7.4% over 2 years
Family-Friendly29% of residentswell above average
Homeowners86% of occupied units
Snowflake
AZ

Frequently Asked Questions

What are today's mortgage rates in Snowflake?

As of today, the 30-year fixed mortgage rate for Snowflake is approximately 6.919% (6.956% 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 Snowflake?

The median home value in Snowflake is $268k. The median monthly rent is $1,764. Annual property taxes average $966. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Snowflake?

Home values in Snowflake have increased 7.4% 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 Snowflake?

Based on a typical all-in ownership cost of $1,071/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Snowflake is $74k/year.

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What industries drive the economy in Snowflake?

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