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San Pedro

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

Median Home$292,830
Median Rent$1,529/month
Population211
Leading IndustriesHealthcare · Arts, Food & Hospitality · Construction20% healthcare
Home Value Growth+6.1% over 2 years
Retirees38% of residentstop 2% nationally
Homeowners96% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
NotableHighly Educated29% bachelor's · 12% graduate · top 10% nationally
San Pedro
NM

Frequently Asked Questions

What are today's mortgage rates in San Pedro?

As of today, the 30-year fixed mortgage rate for San Pedro is approximately 6.827% (6.861% 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 Pedro?

The median home value in San Pedro is $293k. The median monthly rent is $1,529. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in San Pedro?

Home values in San Pedro have increased 6.1% over the past two years. This represents moderate growth. 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 Pedro?

Based on a typical all-in ownership cost of $936/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in San Pedro is $77k/year.

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What industries drive the economy in San Pedro?

The largest employment sectors in San Pedro are healthcare (20%) and public administration (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.