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Sausal

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

Median Home$147,230
Median Rent$970/month
Population874
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing7% construction
Home Value Growth⬆⬆+20.1% over 2 years
Young Adults28% of residentsnear the national average
Homeowners82% of occupied units
NotableTransit87/100 · excellent transit access
NotableVeteran Community11% of residents · top 9% nationally
Sausal
NM

Frequently Asked Questions

What are today's mortgage rates in Sausal?

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

The median home value in Sausal is $147k. The median monthly rent is $970. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sausal?

Home values in Sausal have increased 20.1% 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 Sausal?

Based on a typical all-in ownership cost of $600/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sausal is $48k/year.

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What industries drive the economy in Sausal?

The largest employment sectors in Sausal are public administration (24%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.