Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Acomita Lake

Learn about the people, housing, costs and businesses in Acomita Lake, New Mexico

Median Home$82,800
Median Rent$815/month
Population382
Leading IndustriesPublic Administration · Construction28% public administration
Home Value Growth⬆⬆+19.5% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners90% of occupied units
NotableAffordable Market$83k median home · lower cost than 97% of the country
Acomita Lake
NM

Frequently Asked Questions

What are today's mortgage rates in Acomita Lake?

As of today, the 30-year fixed mortgage rate for Acomita Lake is approximately 6.995% (7.035% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Acomita Lake
What is the median home price in Acomita Lake?

The median home value in Acomita Lake is $83k. The median monthly rent is $815. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Acomita Lake?

Home values in Acomita Lake have increased 19.5% 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 Acomita Lake?

Based on a typical all-in ownership cost of $418/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $18k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Acomita Lake is $55k/year.

Calculate your buying power
What industries drive the economy in Acomita Lake?

The largest employment sectors in Acomita Lake are public administration (28%) and healthcare (7%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.