housing costs · New Mexico
Housing costs in Colfax County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $729 | ± $59 | evidence → |
| 2019–2023 | $704 | ± $65 | evidence → |
| 2018–2022 | $656 | ± $38 | evidence → |
| 2017–2021 | $619 | ± $37 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $167,200 | ± $14,811 | evidence → |
| 2019–2023 | $161,000 | ± $15,616 | evidence → |
| 2018–2022 | $138,400 | ± $13,803 | evidence → |
| 2017–2021 | $125,300 | ± $15,609 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 25.3 % | ± 8.3 % | evidence → |
| 2019–2023 | 23.6 % | ± 5.8 % | evidence → |
| 2018–2022 | 25.9 % | ± 6.4 % | evidence → |
| 2017–2021 | 27.5 % | ± 6.9 % | evidence → |
In context
Median rent in Colfax County is $729, below the New Mexico median of $872 across 33 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.