Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Hatch

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

Median Home$98,030
Median Rent$472/month
Population1,553
Leading IndustriesConstruction · Agriculture & Mining · Transportation14% construction
Home Value Growth⬆⬆+11.9% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners58% of occupied units
NotableAffordable Market$98k median home · lower cost than 92% of the country
Hatch
NM

Frequently Asked Questions

What are today's mortgage rates in Hatch?

As of today, the 30-year fixed mortgage rate for Hatch is approximately 7.010% (7.053% 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 Hatch
What is the median home price in Hatch?

The median home value in Hatch is $98k. The median monthly rent is $472. Annual property taxes average $717. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hatch?

Home values in Hatch have increased 11.9% 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 Hatch?

Based on a typical all-in ownership cost of $469/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hatch is $39k/year.

Calculate your buying power
What industries drive the economy in Hatch?

The largest employment sectors in Hatch are public administration (24%) and agriculture and mining (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.