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Dixon

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

Median Home$339,000
Median Rent$918/month
Population869
Leading IndustriesProfessional Services · Wholesale Trade · Construction6% professional services
Home Value Growth⬆⬆⬆+22.6% over 2 years
Retirees24% of residentsslightly above average
Homeowners77% of occupied units
Dixon
NM

Frequently Asked Questions

What are today's mortgage rates in Dixon?

As of today, the 30-year fixed mortgage rate for Dixon is approximately 6.995% (7.035% 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 Dixon?

The median home value in Dixon is $339k. The median monthly rent is $918. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dixon?

Home values in Dixon have increased 22.6% 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 Dixon?

Based on a typical all-in ownership cost of $725/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dixon is $71k/year.

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What industries drive the economy in Dixon?

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