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Luna County

Learn about the people, housing, costs and businesses in Luna County County

Median Home$132,237
Median Rent$781/month
Population25,611
Leading IndustriesManufacturing · Agriculture & Mining · Information & Media4% manufacturing
Home Value Growth⬆⬆⬆+32.5% over 2 years
Family-Friendly26% of residentswell above average
Homeowners71% of occupied units
NotableAffordable Market$132k median home · lower cost than 79% of the country
Luna County
NM

Frequently Asked Questions

What are today's mortgage rates in Luna County?

As of today, the 30-year fixed mortgage rate for Luna County is approximately 7.155% (7.186% 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 Luna County?

The median home value in Luna County is $132k. The median monthly rent is $781. Annual property taxes average $705. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Luna County?

Home values in Luna County have increased 32.5% 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 Luna County?

Based on a typical all-in ownership cost of $545/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Luna County is $37k/year.

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What industries drive the economy in Luna County?

The largest employment sectors in Luna County are public administration (24%) and agriculture and mining (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas