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Alamo Lake

Learn about the people, housing, costs and businesses in Alamo Lake, Arizona

Median Home$129,700
Population5
Leading IndustriesConstruction · Agriculture & Mining · Public Administration20% construction
Home Value Growth-3.2% over 2 years
Retirees62% of residentstop 1% nationally
NotableVeteran Community28% of residents · top 1% nationally
Alamo Lake
AZ

Frequently Asked Questions

What are today's mortgage rates in Alamo Lake?

As of today, the 30-year fixed mortgage rate for Alamo Lake is approximately 6.933% (6.970% 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 Alamo Lake?

The median home value in Alamo Lake is $130k. Annual property taxes average $682. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alamo Lake?

Home values in Alamo Lake have decreased 3.2% over the past two years. Buyers may find more negotiating room in this market. 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 Alamo Lake?

Based on a typical all-in ownership cost of $478/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alamo Lake is $48k/year.

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What industries drive the economy in Alamo Lake?

The largest employment sectors in Alamo Lake are public administration (36%) and agriculture and mining (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.