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Vadito

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

Median Home$206,500
Median Rent$993/month
Population307
Leading IndustriesFinance & Insurance · Information & Media9% finance & insurance
Home Value Growth⬆⬆⬆+22.9% over 2 years
Family-Friendly29% of residentswell above average
Homeowners80% of occupied units
Vadito
NM

Frequently Asked Questions

What are today's mortgage rates in Vadito?

As of today, the 30-year fixed mortgage rate for Vadito is approximately 7.055% (7.100% 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 Vadito?

The median home value in Vadito is $207k. The median monthly rent is $993. Annual property taxes average $580. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Vadito?

Home values in Vadito have increased 22.9% 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 Vadito?

Based on a typical all-in ownership cost of $498/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $21k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Vadito is $49k/year.

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What industries drive the economy in Vadito?

The largest employment sectors in Vadito are public administration (25%) and information and media (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.