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Pecan Park

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

Median Home$145,300
Median Rent$1,576/month
Population106
Leading IndustriesManufacturing · Agriculture & Mining · Construction5% manufacturing
Home Value Growth⬆⬆⬆+25.4% over 2 years
Young Adults29% of residentsslightly above average
Homeowners77% of occupied units
NotableTransit81/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Pecan Park
NM

Frequently Asked Questions

What are today's mortgage rates in Pecan Park?

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

The median home value in Pecan Park is $145k. The median monthly rent is $1,576. Annual property taxes average $605. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pecan Park?

Home values in Pecan Park have increased 25.4% 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 Pecan Park?

Based on a typical all-in ownership cost of $639/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. The median household income in Pecan Park is $57k/year.

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What industries drive the economy in Pecan Park?

The largest employment sectors in Pecan Park are public administration (22%) and agriculture and mining (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.