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Mexico

Learn about the people, housing, costs and businesses in Mexico, Maine

Median Home$112,900
Median Rent$1,027/month
Population2,295
Leading IndustriesProfessional Services · Construction · Agriculture & Mining3% professional services
Home Value Growth⬆⬆+19.3% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners81% of occupied units
Mexico
ME

Frequently Asked Questions

What are today's mortgage rates in Mexico?

As of today, the 30-year fixed mortgage rate for Mexico is approximately 6.924% (6.961% 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 Mexico?

The median home value in Mexico is $113k. The median monthly rent is $1,027. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mexico?

Home values in Mexico 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 Mexico?

Based on a typical all-in ownership cost of $755/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mexico is $56k/year.

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What industries drive the economy in Mexico?

The largest employment sectors in Mexico are public administration (26%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.