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Rivers

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

Median Home$114,000
Median Rent$718/month
Population27
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Transportation28% public administration
Retirees23% of residentsslightly above average
Homeowners92% of occupied units
NotableAffordable Market$114k median home · lower cost than 87% of the country
NotableTransit80/100 · excellent transit access
Rivers
NM

Frequently Asked Questions

What are today's mortgage rates in Rivers?

As of today, the 30-year fixed mortgage rate for Rivers is approximately 6.923% (6.960% 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 Rivers?

The median home value in Rivers is $114k. The median monthly rent is $718. Annual property taxes average $291. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Rivers?

Based on a typical all-in ownership cost of $386/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $17k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rivers is $31k/year.

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What industries drive the economy in Rivers?

The largest employment sectors in Rivers are public administration (28%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.