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Aragon

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

Median Home$120,698
Median Rent$718/month
Population92
Leading IndustriesManufacturing · Education3% manufacturing
Young Adults31% of residentsabove average nationally
Homeowners95% of occupied units
NotableAffordable Market$121k median home · lower cost than 84% of the country
Aragon
NM

Frequently Asked Questions

What are today's mortgage rates in Aragon?

As of today, the 30-year fixed mortgage rate for Aragon is approximately 6.963% (7.005% 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 Aragon?

The median home value in Aragon is $121k. The median monthly rent is $718. Annual property taxes average $311. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Aragon?

Based on a typical all-in ownership cost of $389/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $17k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Aragon is $33k/year.

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What industries drive the economy in Aragon?

The largest employment sectors in Aragon are public administration (22%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.