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Glenwood

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

Median Home$114,000
Median Rent$718/month
Population138
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services25% healthcare
Family-Friendly23% of residentsnear the national average
Homeowners93% of occupied units
NotableHighly Educated29% bachelor's · 28% graduate · top 10% nationally
NotableAffordable Market$114k median home · lower cost than 87% of the country
Glenwood
NM

Frequently Asked Questions

What are today's mortgage rates in Glenwood?

As of today, the 30-year fixed mortgage rate for Glenwood is approximately 6.823% (6.856% 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 Glenwood?

The median home value in Glenwood is $114k. The median monthly rent is $718. Annual property taxes average $291. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Glenwood?

Based on a typical all-in ownership cost of $386/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 Glenwood is $31k/year.

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What industries drive the economy in Glenwood?

The largest employment sectors in Glenwood are healthcare (25%) and public administration (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.