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Sierra County Housing Market

New Mexico · 33 counties · Ranked #1049 in home value

Below National Avg

Housing at a Glance

Median Home Value

$144,800

vs national$144,800 vs $281,900 national

Median Gross Rent

$695/mo

vs national$695 vs $1,163 national

Effective Tax Rate

0.55%

vs national0.55% vs 1.02% national

Median Household Income

$37,840

vs national$37,840 vs $74,755 national

Affordability Ratio

3.8x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$793

Tax as % of Home Value

0.55%

Monthly Owner Cost

$464

Renter Income

$27,762

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Sierra County?

The median home value in Sierra County is $144,800. This is below the national median of $281,900.

How much is rent in Sierra County?

The median gross rent in Sierra County is $695 per month.

What is the property tax rate in Sierra County?

The effective property tax rate in Sierra County is 0.55%. The median annual property tax bill is $793.

Is Sierra County affordable?

With a home-value-to-income ratio of 3.8x, Sierra County is moderately 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.