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Quay County Housing Market

New Mexico · 33 counties · Ranked #85 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$82,200

vs national$82,200 vs $281,900 national

Median Gross Rent

$752/mo

vs national$752 vs $1,163 national

Effective Tax Rate

0.62%

vs national0.62% vs 1.02% national

Median Household Income

$43,698

vs national$43,698 vs $74,755 national

Affordability Ratio

1.9x

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

Rent Burden

24.0%

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

More Housing Data

Property Tax (Median)

$507

Tax as % of Home Value

0.62%

Monthly Owner Cost

$527

Renter Income

$29,815

Frequently Asked Questions

What is the median home value in Quay County?
The median home value in Quay County is $82,200. This is below the national median of $281,900.
How much is rent in Quay County?
The median gross rent in Quay County is $752 per month.
What is the property tax rate in Quay County?
The effective property tax rate in Quay County is 0.62%. The median annual property tax bill is $507.
Is Quay County affordable?
With a home-value-to-income ratio of 1.9x, Quay 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.