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Vanderwagen

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

Median Home$81,300
Population44
Leading IndustriesPublic Administration · Construction · Agriculture & Mining48% public administration
Home Value Growth⬆⬆+12.9% over 2 years
Young Adults39% of residentstop 3% nationally
Homeowners93% of occupied units
NotableHigh Incomes$90k/year · top 24% nationally
Vanderwagen
NM

Frequently Asked Questions

What are today's mortgage rates in Vanderwagen?

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

The median home value in Vanderwagen is $81k. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Vanderwagen?

Home values in Vanderwagen have increased 12.9% 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 Vanderwagen?

Based on a typical all-in ownership cost of $250/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $11k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Vanderwagen is $90k/year.

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What industries drive the economy in Vanderwagen?

The largest employment sectors in Vanderwagen are public administration (48%) and agriculture and mining (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.