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San Jon

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

Median Home$160,000
Median Rent$934/month
Population167
Leading IndustriesConstruction · Agriculture & Mining · Public Administration24% construction
Home Value Growth⬆⬆⬆+45.3% over 2 years
Retirees46% of residentstop 1% nationally
Homeowners75% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
San Jon
NM

Frequently Asked Questions

What are today's mortgage rates in San Jon?

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

The median home value in San Jon is $160k. The median monthly rent is $934. Annual property taxes average $676. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in San Jon?

Home values in San Jon have increased 45.3% 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 San Jon?

Based on a typical all-in ownership cost of $635/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 San Jon is $38k/year.

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What industries drive the economy in San Jon?

The largest employment sectors in San Jon are public administration (32%) and agriculture and mining (25%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.