Veyo, UT
Population 330 · Utah
About Veyo, UT
Veyo is a small community located in Utah with a population of 330 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,750 per year, which is 15% below the national median of $75,149. The median age of 34.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Veyo features a median home value of $370,600, which is 51% above the national median of $244,900. This places Veyo in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 129 total housing units, 100% are owner-occupied (90 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Veyo shows an unemployment rate of 21.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 50.0%, above the national average of 12.4%. Workers in Veyo have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
47.9% of Veyo residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 15.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Veyo Ranks in Utah
Cost of Living in Veyo, UT
Compared to national averages, Veyo has a median household income of $63,750 (15% below the national median of $75,149). Home values average $370,600, which is 51% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Utah, Veyo's income is 28% below the state average of $88,715, and home values are 13% below the state median of $426,386.
Why Live in Veyo, UT?
Veyo offers rent that’s lower than the national average at $0/month, and a well-educated community where 47.9% of residents hold a bachelor’s degree or higher, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($63,750) that falls below the national average, and a competitive housing market where the typical home costs $370,600. However, Veyo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Veyo has a population of 330 with a median age of 34.3 years. Compare Veyo with other cities to see how it stacks up, or explore all cities in Utah.
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Demographics
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Other Cities in Utah
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Veyo
What is the population of Veyo, UT?
The population of Veyo, UT is 330 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Utah.
What is the median household income in Veyo?
The median household income in Veyo, UT is $63,750 per year, which is 15% below the national median of $75,149.
What is the median home value in Veyo?
The median home value in Veyo, UT is $370,600, which is 51% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Veyo?
The median monthly rent in Veyo, UT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Veyo?
The unemployment rate in Veyo, UT is 21.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Veyo, UT a good place to live?
Veyo offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 330 and a median age of 34.3, the city appeals to young professionals and families.
How educated is Veyo, UT?
47.9% of residents in Veyo aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Veyo?
Key cost-of-living indicators for Veyo, UT: median home value is $370,600 (51% above national), median rent is $0/month, and median household income is $63,750. The home-value-to-income ratio is 5.8x, a moderate figure by national standards.
What is the poverty rate in Veyo?
The poverty rate in Veyo, UT is 50.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Veyo, UT?
Veyo's population is 15.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.