Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Tse Bonito

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

Median Home$29,300
Median Rent$884/month
Population280
Leading IndustriesManufacturing · Public Administration3% manufacturing
Home Value Growth⬆⬆+12.4% over 2 years
Young Adults27% of residentsnear the national average
Homeowners78% of occupied units
Tse Bonito
NM

Frequently Asked Questions

What are today's mortgage rates in Tse Bonito?

As of today, the 30-year fixed mortgage rate for Tse Bonito 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.

View current rates for Tse Bonito
What is the median home price in Tse Bonito?

The median home value in Tse Bonito is $29k. The median monthly rent is $884. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tse Bonito?

Home values in Tse Bonito have increased 12.4% 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 Tse Bonito?

Based on a typical all-in ownership cost of $337/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $14k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tse Bonito is $42k/year.

Calculate your buying power
What industries drive the economy in Tse Bonito?

The largest employment sectors in Tse Bonito are public administration (27%) and wholesale trade (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.