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Learn about the people, housing, costs and businesses in Madrone, New Mexico
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FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Madrone.
True all-in cost — P&I, taxes, insurance & utilities for homes in Madrone.
Find and compare lenders active near Madrone.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Madrone.
Seismic risk and earthquake insurance estimates for Madrone.
Wildfire exposure and insurance estimates for Madrone.
As of today, the 30-year fixed mortgage rate for Madrone is approximately 6.958% (6.996% 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 MadroneThe median home value in Madrone is $87k. The median monthly rent is $1,028. Annual property taxes average $800. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Madrone have increased 16.2% 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.
Based on a typical all-in ownership cost of $510/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $22k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Madrone is $46k/year.
Calculate your buying powerThe largest employment sectors in Madrone are public administration (28%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.