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Iyanbito

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

Median Home$74,841
Median Rent$1,071/month
Population1,142
Leading IndustriesPublic Administration · Manufacturing · Arts, Food & Hospitality43% public administration
Home Value Growth⬆⬆+12.9% over 2 years
Young Adults39% of residentstop 3% nationally
Homeowners72% of occupied units
Iyanbito
NM

Frequently Asked Questions

What are today's mortgage rates in Iyanbito?

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

The median home value in Iyanbito is $75k. The median monthly rent is $1,071. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Iyanbito?

Home values in Iyanbito have increased 12.9% 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 Iyanbito?

Based on a typical all-in ownership cost of $322/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $14k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Iyanbito is $54k/year.

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What industries drive the economy in Iyanbito?

The largest employment sectors in Iyanbito are public administration (43%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.