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Red Mesa

Learn about the people, housing, costs and businesses in Red Mesa, Arizona

Median Home$54,100
Median Rent$734/month
Population359
Leading IndustriesEducation · Arts, Food & Hospitality · Professional Services5% education
Home Value Growth⬆⬆+13.7% over 2 years
Retirees23% of residentsslightly above average
Homeowners77% of occupied units
NotableHighly Educated26% bachelor's · 13% graduate · top 16% nationally
NotableAffordable Market$54k median home · lower cost than 100% of the country
Red Mesa
AZ

Frequently Asked Questions

What are today's mortgage rates in Red Mesa?

As of today, the 30-year fixed mortgage rate for Red Mesa is approximately 6.795% (6.827% 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 Red Mesa?

The median home value in Red Mesa is $54k. The median monthly rent is $734. Annual property taxes average $199. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Red Mesa?

Home values in Red Mesa have increased 13.7% 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 Red Mesa?

Based on a typical all-in ownership cost of $292/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $13k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Red Mesa is $33k/year.

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What industries drive the economy in Red Mesa?

The largest employment sectors in Red Mesa are public administration (22%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.