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Polvadera

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

Median Home$129,500
Population255
Leading IndustriesTransportation · Public Administration6% transportation
Home Value Growth⬆⬆+17.4% over 2 years
Family-Friendly38% of residentstop 1% nationally
Homeowners96% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Polvadera
NM

Frequently Asked Questions

What are today's mortgage rates in Polvadera?

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

The median home value in Polvadera is $130k. Annual property taxes average $689. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Polvadera?

Home values in Polvadera have increased 17.4% 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 Polvadera?

Based on a typical all-in ownership cost of $499/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $21k/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 Polvadera?

The largest employment sectors in Polvadera are public administration (26%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.