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Orogrande

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

Population28
Leading IndustriesFinance & Insurance · Information & Media · Professional Services10% finance & insurance
Home Value Growth⬆⬆+15.3% over 2 years
Young Adults28% of residentsnear the national average
Orogrande
NM

Frequently Asked Questions

What are today's mortgage rates in Orogrande?

As of today, the 30-year fixed mortgage rate for Orogrande is approximately 6.921% (6.958% 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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Are home values rising in Orogrande?

Home values in Orogrande have increased 15.3% 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 Orogrande?

Based on a typical all-in ownership cost of $619/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline.

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What industries drive the economy in Orogrande?

The largest employment sectors in Orogrande are public administration (23%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.