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Lake Roberts Heights

Learn about the people, housing, costs and businesses in Lake Roberts Heights, New Mexico

Median Home$200,000
Median Rent$608/month
Population21
Leading IndustriesManufacturing · Public Administration · Agriculture & Mining15% manufacturing
Home Value Growth⬆⬆⬆+32.6% over 2 years
Retirees31% of residentswell above average
NotableVeteran Community11% of residents · top 9% nationally
NotableHighly Educated24% hold a bachelor's degree · top 21% nationally
Lake Roberts Heights
NM

Explore Lake Roberts Heights

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Lake Roberts Heights?

As of today, the 30-year fixed mortgage rate for Lake Roberts Heights 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 Lake Roberts Heights?

The median home value in Lake Roberts Heights is $200k. The median monthly rent is $608. Annual property taxes average $986. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake Roberts Heights?

Home values in Lake Roberts Heights have increased 32.6% 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 Lake Roberts Heights?

Based on a typical all-in ownership cost of $428/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $18k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake Roberts Heights is $48k/year.

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What industries drive the economy in Lake Roberts Heights?

The largest employment sectors in Lake Roberts Heights are public administration (37%) and agriculture and mining (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.