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Arroyo Seco

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

Median Home$551,300
Median Rent$1,486/month
Population1,884
Leading IndustriesHealthcare · Arts, Food & Hospitality · Public Administration18% healthcare
Home Value Growth⬆⬆⬆+49.0% over 2 years
Retirees41% of residentstop 2% nationally
Homeowners78% of occupied units
NotableHighly Educated34% bachelor's · 16% graduate · top 4% nationally
NotableVeteran Community11% of residents · top 9% nationally
Arroyo Seco
NM

Frequently Asked Questions

What are today's mortgage rates in Arroyo Seco?

As of today, the 30-year fixed mortgage rate for Arroyo Seco is approximately 6.847% (6.881% 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 Arroyo Seco?

The median home value in Arroyo Seco is $551k. The median monthly rent is $1,486. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Arroyo Seco?

Home values in Arroyo Seco have increased 49.0% 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 Arroyo Seco?

Based on a typical all-in ownership cost of $603/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Arroyo Seco is $62k/year.

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What industries drive the economy in Arroyo Seco?

The largest employment sectors in Arroyo Seco are public administration (27%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.