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Golden Acres

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

Median Home$82,200
Median Rent$886/month
Population172
Leading IndustryEducation1% of local workforce
Home Value Growth⬆⬆+17.4% over 2 years
Young Adults26% of residents
Homeowners68% of occupied units
Golden Acres
NM

Frequently Asked Questions

What are today's mortgage rates in Golden Acres?

As of today, the 30-year fixed mortgage rate for Golden Acres 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 Golden Acres?

The median home value in Golden Acres is $82k. The median monthly rent is $886. Annual property taxes average $547. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Golden Acres?

Home values in Golden Acres have increased 17.4% 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 Golden Acres?

Based on a typical all-in ownership cost of $687/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Golden Acres is $41k/year.

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What industries drive the economy in Golden Acres?

The largest employment sectors in Golden Acres are public administration (18%) and retail (5%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.