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Verlot

Learn about the people, housing, costs and businesses in Verlot, Washington

Median Home$567,800
Median Rent$1,429/month
Population283
Leading IndustriesFinance & Insurance · Public Administration · Information & Media7% finance & insurance
Home Value Growth+9.9% over 2 years
Young Adults34% of residentswell above average
Homeowners91% of occupied units
NotableHigh Incomes$118k/year · top 9% nationally
Verlot
WA

Frequently Asked Questions

What are today's mortgage rates in Verlot?

As of today, the 30-year fixed mortgage rate for Verlot 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 Verlot?

The median home value in Verlot is $568k. The median monthly rent is $1,429. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Verlot?

Home values in Verlot have increased 9.9% 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 Verlot?

Based on a typical all-in ownership cost of $2,030/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $87k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Verlot is $118k/year.

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What industries drive the economy in Verlot?

The largest employment sectors in Verlot are public administration (28%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.