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Hyde Park

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

Median Home$933,194
Median Rent$1,702/month
Population307
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services16% arts, food & hospitality
Home Value Growth⬆⬆⬆+36.1% over 2 years
Retirees37% of residentstop 2% nationally
Homeowners82% of occupied units
NotableTransit84/100 · excellent transit access
NotableHighly Educated27% bachelor's · 13% graduate · top 14% nationally
Hyde Park
NM

Frequently Asked Questions

What are today's mortgage rates in Hyde Park?

As of today, the 30-year fixed mortgage rate for Hyde Park 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 Hyde Park?

The median home value in Hyde Park is $933k. The median monthly rent is $1,702. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hyde Park?

Home values in Hyde Park have increased 36.1% 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 Hyde Park?

Based on a typical all-in ownership cost of $1,718/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $74k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hyde Park is $100k/year.

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What industries drive the economy in Hyde Park?

The largest employment sectors in Hyde Park are public administration (21%) and healthcare (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.