Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Lower Frisco

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

Median Home$114,000
Median Rent$718/month
Population73
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing13% construction
Retirees26% of residentsabove average nationally
Homeowners94% of occupied units
NotableAffordable Market$114k median home · lower cost than 87% of the country
NotableTransit80/100 · excellent transit access
Lower Frisco
NM

Frequently Asked Questions

What are today's mortgage rates in Lower Frisco?

As of today, the 30-year fixed mortgage rate for Lower Frisco is approximately 6.868% (6.903% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Lower Frisco
What is the median home price in Lower Frisco?

The median home value in Lower Frisco is $114k. The median monthly rent is $718. Annual property taxes average $291. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Lower Frisco?

Based on a typical all-in ownership cost of $386/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $17k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lower Frisco is $31k/year.

Calculate your buying power
What industries drive the economy in Lower Frisco?

The largest employment sectors in Lower Frisco are public administration (20%) and agriculture and mining (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.