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Llano del Medio

Learn about the people, housing, costs and businesses in Llano del Medio, New Mexico

Median Home$110,000
Median Rent$590/month
Population75
Leading IndustriesEducation · Manufacturing3% education
Young Adults30% of residentsabove average nationally
Homeowners76% of occupied units
NotableAffordable Market$110k median home · lower cost than 88% of the country
NotableTransit80/100 · excellent transit access
Llano del Medio
NM

Frequently Asked Questions

What are today's mortgage rates in Llano del Medio?

As of today, the 30-year fixed mortgage rate for Llano del Medio is approximately 6.919% (6.956% 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 Llano del Medio?

The median home value in Llano del Medio is $110k. The median monthly rent is $590. Annual property taxes average $526. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Llano del Medio?

Based on a typical all-in ownership cost of $559/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Llano del Medio is $43k/year.

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What industries drive the economy in Llano del Medio?

The largest employment sectors in Llano del Medio are public administration (25%) and healthcare (7%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.