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Wagon Mound

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

Median Home$120,000
Median Rent$777/month
Population287
Leading IndustryHealthcare13% of local workforce
Retirees31% of residentswell above average
Homeowners90% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableAffordable Market$120k median home · lower cost than 84% of the country
Wagon Mound
NM

Frequently Asked Questions

What are today's mortgage rates in Wagon Mound?

As of today, the 30-year fixed mortgage rate for Wagon Mound is approximately 6.964% (7.003% 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 Wagon Mound
What is the median home price in Wagon Mound?

The median home value in Wagon Mound is $120k. The median monthly rent is $777. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Wagon Mound?

Based on a typical all-in ownership cost of $529/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wagon Mound is $53k/year.

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What industries drive the economy in Wagon Mound?

The largest employment sectors in Wagon Mound are public administration (22%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.