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Pea Blanca

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

Median Home$210,417
Median Rent$1,104/month
Population678
Leading IndustriesPublic Administration · Professional Services30% public administration
Home Value Growth⬆⬆⬆+32.1% over 2 years
Retirees25% of residentsabove average nationally
Homeowners91% of occupied units
NotableTransit80/100 · excellent transit access
Pea Blanca
NM

Frequently Asked Questions

What are today's mortgage rates in Pea Blanca?

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

The median home value in Pea Blanca is $210k. The median monthly rent is $1,104. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pea Blanca?

Home values in Pea Blanca have increased 32.1% 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 Pea Blanca?

Based on a typical all-in ownership cost of $415/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $18k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pea Blanca is $67k/year.

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What industries drive the economy in Pea Blanca?

The largest employment sectors in Pea Blanca are public administration (30%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.