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Williams Acres

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

Median Home$48,119
Median Rent$1,127/month
Population410
Leading IndustriesEducation · Professional Services · Information & Media4% education
Home Value Growth⬆⬆+18.1% over 2 years
Family-Friendly35% of residentstop 1% nationally
Renters58% of occupied units
Williams Acres
NM

Frequently Asked Questions

What are today's mortgage rates in Williams Acres?

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

The median home value in Williams Acres is $48k. The median monthly rent is $1,127. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Williams Acres?

Home values in Williams Acres have increased 18.1% 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 Williams Acres?

Based on a typical all-in ownership cost of $1,034/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Williams Acres is $53k/year.

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What industries drive the economy in Williams Acres?

The largest employment sectors in Williams Acres are public administration (17%) and information and media (7%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.