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Mora County Housing Market

New Mexico · 33 counties · Ranked #621 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$119,900

vs national$119,900 vs $281,900 national

Median Gross Rent

$785/mo

vs national$785 vs $1,163 national

Effective Tax Rate

0.54%

vs national0.54% vs 1.02% national

Median Household Income

$50,178

vs national$50,178 vs $74,755 national

Affordability Ratio

2.4x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

25.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$642

Tax as % of Home Value

0.54%

Monthly Owner Cost

$544

Renter Income

$40,833

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Frequently Asked Questions

What is the median home value in Mora County?

The median home value in Mora County is $119,900. This is below the national median of $281,900.

How much is rent in Mora County?

The median gross rent in Mora County is $785 per month.

What is the property tax rate in Mora County?

The effective property tax rate in Mora County is 0.54%. The median annual property tax bill is $642.

Is Mora County affordable?

With a home-value-to-income ratio of 2.4x, Mora County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.