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Wellton Elementary District

Learn about the people, housing, costs and businesses in Wellton Elementary District, Arizona

Median Home$460,212
Median Rent$1,552/month
Population9,221
Leading IndustriesPublic Administration · Education29% public administration
Home Value Growth⬆⬆⬆+27.4% over 2 years
Retirees25% of residentswell above average
Homeowners87% of occupied units
Wellton Elementary District
AZ

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Frequently Asked Questions

What are today's mortgage rates in Wellton Elementary District?

As of today, the 30-year fixed mortgage rate for Wellton Elementary District is approximately 6.958% (6.996% 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 Wellton Elementary District?

The median home value in Wellton Elementary District is $460k. The median monthly rent is $1,552. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wellton Elementary District?

Home values in Wellton Elementary District have increased 27.4% 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 Wellton Elementary District?

Based on a typical all-in ownership cost of $1,024/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wellton Elementary District is $81k/year.

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What industries drive the economy in Wellton Elementary District?

The largest employment sectors in Wellton Elementary District are public administration (29%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.