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Manzano

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

Median Home$166,200
Median Rent$888/month
Population24
Leading IndustriesFinance & Insurance · Information & Media · Public Administration9% finance & insurance
Home Value Growth⬆⬆+19.3% over 2 years
Young Adults29% of residentsslightly above average
Homeowners80% of occupied units
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Manzano
NM

Frequently Asked Questions

What are today's mortgage rates in Manzano?

As of today, the 30-year fixed mortgage rate for Manzano 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 Manzano?

The median home value in Manzano is $166k. The median monthly rent is $888. Annual property taxes average $730. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Manzano?

Home values in Manzano have increased 19.3% 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 Manzano?

Based on a typical all-in ownership cost of $811/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Manzano is $56k/year.

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What industries drive the economy in Manzano?

The largest employment sectors in Manzano are public administration (29%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.