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Tres Arroyos

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

Median Home$700,895
Median Rent$1,308/month
Population2,036
Leading IndustriesConstruction · Agriculture & Mining · Arts, Food & Hospitality9% construction
Home Value Growth⬆⬆+17.4% over 2 years
Retirees31% of residentswell above average
Homeowners87% of occupied units
NotableTransit89/100 · excellent transit access
NotableHigh Incomes$105k/year · top 14% nationally
Tres Arroyos
NM

Frequently Asked Questions

What are today's mortgage rates in Tres Arroyos?

As of today, the 30-year fixed mortgage rate for Tres Arroyos is approximately 6.835% (6.869% 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 Tres Arroyos?

The median home value in Tres Arroyos is $701k. The median monthly rent is $1,308. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tres Arroyos?

Home values in Tres Arroyos have increased 17.4% 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 Tres Arroyos?

Based on a typical all-in ownership cost of $1,317/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tres Arroyos is $105k/year.

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What industries drive the economy in Tres Arroyos?

The largest employment sectors in Tres Arroyos are public administration (21%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.