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Windmill

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

Median Home$158,500
Median Rent$773/month
Population56
Leading IndustriesEducation · Arts, Food & Hospitality · Manufacturing3% education
Family-Friendly24% of residentsslightly above average
Homeowners95% of occupied units
NotableHighly Educated31% bachelor's · 15% graduate · top 7% nationally
NotableTransit79/100 · excellent transit access
Windmill
NM

Frequently Asked Questions

What are today's mortgage rates in Windmill?

As of today, the 30-year fixed mortgage rate for Windmill is approximately 6.831% (6.865% 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 Windmill?

The median home value in Windmill is $159k. The median monthly rent is $773. Annual property taxes average $565. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $534/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 Windmill is $69k/year.

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What industries drive the economy in Windmill?

The largest employment sectors in Windmill are public administration (25%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.