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Bosque Farms

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

Median Home$293,109
Median Rent$904/month
Population4,070
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare4% professional services
Home Value Growth+2.2% over 2 years
Retirees22% of residentsnear the national average
Homeowners89% of occupied units
NotableHighly Educated24% hold a bachelor's degree · top 21% nationally
NotableVeteran Community9% of residents · top 22% nationally
Bosque Farms
NM

Frequently Asked Questions

What are today's mortgage rates in Bosque Farms?

As of today, the 30-year fixed mortgage rate for Bosque Farms is approximately 6.948% (6.986% 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 Bosque Farms?

The median home value in Bosque Farms is $293k. The median monthly rent is $904. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bosque Farms?

Home values in Bosque Farms have increased 2.2% over the past two years. The market has been relatively stable. 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 Bosque Farms?

Based on a typical all-in ownership cost of $1,085/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bosque Farms is $82k/year.

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What industries drive the economy in Bosque Farms?

The largest employment sectors in Bosque Farms are public administration (21%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.