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Hurley

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

Median Home$97,400
Median Rent$615/month
Population1,099
Leading IndustriesWholesale Trade · Construction · Agriculture & Mining19% wholesale trade
Home Value Growth⬆⬆⬆+21.4% over 2 years
Retirees25% of residentsabove average nationally
Homeowners86% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
NotableAffordable Market$97k median home · lower cost than 93% of the country
Hurley
NM

Frequently Asked Questions

What are today's mortgage rates in Hurley?

As of today, the 30-year fixed mortgage rate for Hurley is approximately 6.906% (6.942% 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 Hurley?

The median home value in Hurley is $97k. The median monthly rent is $615. Annual property taxes average $446. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hurley?

Home values in Hurley have increased 21.4% 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 Hurley?

Based on a typical all-in ownership cost of $484/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $21k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hurley is $38k/year.

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What industries drive the economy in Hurley?

The largest employment sectors in Hurley are public administration (20%) and wholesale trade (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.