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Veyo

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

Median Home$635,700
Median Rent$2,019/month
Population456
Leading IndustriesWholesale Trade · Information & Media · Finance & Insurance16% wholesale trade
Home Value Growth⬆⬆⬆+24.9% over 2 years
Retirees45% of residentstop 1% nationally
Homeowners98% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableHigh Incomes$88k/year · top 27% nationally
Veyo
UT

Frequently Asked Questions

What are today's mortgage rates in Veyo?

As of today, the 30-year fixed mortgage rate for Veyo is approximately 6.886% (6.922% 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 Veyo?

The median home value in Veyo is $636k. The median monthly rent is $2,019. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Veyo?

Home values in Veyo have increased 24.9% 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 Veyo?

Based on a typical all-in ownership cost of $806/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Veyo is $88k/year.

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What industries drive the economy in Veyo?

The largest employment sectors in Veyo are wholesale trade (16%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.