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Union County Housing Market

New Mexico · 33 counties · Ranked #900 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$135,900

vs national$135,900 vs $281,900 national

Median Gross Rent

$650/mo

vs national$650 vs $1,163 national

Effective Tax Rate

0.57%

vs national0.57% vs 1.02% national

Median Household Income

$45,319

vs national$45,319 vs $74,755 national

Affordability Ratio

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

Rent Burden

26.0%

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

More Housing Data

Property Tax (Median)

$776

Tax as % of Home Value

0.57%

Monthly Owner Cost

$635

Renter Income

$31,488

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Union County?

The median home value in Union County is $135,900. This is below the national median of $281,900.

How much is rent in Union County?

The median gross rent in Union County is $650 per month.

What is the property tax rate in Union County?

The effective property tax rate in Union County is 0.57%. The median annual property tax bill is $776.

Is Union County affordable?

With a home-value-to-income ratio of 3x, Union 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.