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Morningside

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

Median Home$201,100
Population257
Leading IndustriesTransportation · Manufacturing · Wholesale Trade5% transportation
Home Value Growth+10.4% over 2 years
Family-Friendly31% of residentstop 3% nationally
Homeowners73% of occupied units
NotableAmenity Score84/100 · highly walkable area
NotableTransit89/100 · excellent transit access
Morningside
NM

Frequently Asked Questions

What are today's mortgage rates in Morningside?

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

The median home value in Morningside is $201k. Annual property taxes average $630. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Morningside?

Home values in Morningside have increased 10.4% 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 Morningside?

Based on a typical all-in ownership cost of $378/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $16k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Morningside is $47k/year.

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What industries drive the economy in Morningside?

The largest employment sectors in Morningside are public administration (24%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.