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Brazos

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

Median Home$217,000
Median Rent$479/month
Population31
Leading IndustriesFinance & Insurance · Transportation · Information & Media8% finance & insurance
Home Value Growth⬆⬆+15.5% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners86% of occupied units
Brazos
NM

Frequently Asked Questions

What are today's mortgage rates in Brazos?

As of today, the 30-year fixed mortgage rate for Brazos is approximately 6.969% (7.008% 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 Brazos?

The median home value in Brazos is $217k. The median monthly rent is $479. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Brazos?

Home values in Brazos have increased 15.5% 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 Brazos?

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 Brazos is $66k/year.

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What industries drive the economy in Brazos?

The largest employment sectors in Brazos are public administration (19%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.