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Learn about the people, housing, costs and businesses in Cotton, New Mexico
Real local data across mortgage, insurance, natural hazard, and place.
Rates, calculators, and lender comparisons
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Cotton.
True all-in cost — P&I, taxes, insurance & utilities for homes in Cotton.
Find and compare lenders active near Cotton.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Cotton.
Seismic risk and earthquake insurance estimates for Cotton.
Wildfire exposure and insurance estimates for Cotton.
As of today, the 30-year fixed mortgage rate for Cotton is approximately 6.805% (6.838% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for CottonThe median home value in Cotton is $159k. The median monthly rent is $773. Annual property taxes average $565. Home values are based on U.S. Census Bureau American Community Survey estimates.
Based on a typical all-in ownership cost of $534/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cotton is $69k/year.
Calculate your buying powerThe largest employment sectors in Cotton are healthcare (19%) and arts, food, and hospitality (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.