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Charco

Learn about the people, housing, costs and businesses in Charco, Arizona

Median Home$83,300
Median Rent$819/month
Population21
Leading IndustriesManufacturing · Arts, Food & Hospitality · Healthcare8% manufacturing
Home Value Growth+10.1% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners83% of occupied units
NotableAffordable Market$83k median home · lower cost than 96% of the country
Charco
AZ

Frequently Asked Questions

What are today's mortgage rates in Charco?

As of today, the 30-year fixed mortgage rate for Charco is approximately 6.898% (6.934% 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 Charco?

The median home value in Charco is $83k. The median monthly rent is $819. Annual property taxes average $732. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Charco?

Home values in Charco have increased 10.1% 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 Charco?

Based on a typical all-in ownership cost of $407/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 Charco is $33k/year.

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What industries drive the economy in Charco?

The largest employment sectors in Charco are public administration (18%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.