Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Newkirk

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

Median Home$110,000
Median Rent$590/month
Population8
Leading IndustriesProfessional Services · Healthcare · Arts, Food & Hospitality4% professional services
Young Adults36% of residentstop 5% nationally
Homeowners67% of occupied units
NotableAffordable Market$110k median home · lower cost than 88% of the country
NotableTransit80/100 · excellent transit access
Newkirk
NM

Frequently Asked Questions

What are today's mortgage rates in Newkirk?

As of today, the 30-year fixed mortgage rate for Newkirk is approximately 6.907% (6.943% 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 Newkirk
What is the median home price in Newkirk?

The median home value in Newkirk is $110k. The median monthly rent is $590. Annual property taxes average $526. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Newkirk?

Based on a typical all-in ownership cost of $559/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Newkirk is $43k/year.

Calculate your buying power
What industries drive the economy in Newkirk?

The largest employment sectors in Newkirk are public administration (23%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.