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Thunder Mountain

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

Median Home$350,113
Median Rent$1,509/month
Population1,204
Leading IndustriesHealthcare · Education · Finance & Insurance16% healthcare
Home Value Growth+6.3% over 2 years
Retirees29% of residentswell above average
Homeowners95% of occupied units
NotableVeteran Community16% of residents · top 1% nationally
NotableTransit80/100 · excellent transit access
Thunder Mountain
NM

Explore Thunder Mountain

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Thunder Mountain?

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

The median home value in Thunder Mountain is $350k. The median monthly rent is $1,509. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Thunder Mountain?

Home values in Thunder Mountain have increased 6.3% 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 Thunder Mountain?

Based on a typical all-in ownership cost of $1,194/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Thunder Mountain is $80k/year.

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What industries drive the economy in Thunder Mountain?

The largest employment sectors in Thunder Mountain are public administration (22%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.